The Rachel Maclean column:
AN issue that always comes up on the doorstep is the need for major global companies to pay their fair of tax. We all pay the tax we have to – and so should big corporations and companies.
Last weekend the Chancellor agreed historic global tax reforms with our G7 partners that will ensure large global firms pay their fair share towards public services.
There’s no doubt the global tax system needs to be fit for the digital age, and as hosts of the G7 the UK has been pushing for a new system that means companies pay the right tax in the right places.
The reforms include a minimum global corporation tax and new rules to ensure large global firms pay a fair share of profits in the countries where they do business.
This historic agreement will pave the way towards a global economic recovery that works for everyone, with multinationals paying more towards our public services as we recover from the pandemic.
And speaking of recovering from the pandemic, it’s just amazing that Redditch has been awarded £15.6million from the Government’s Towns Fund.
“We’ve already received £1m, so that makes £16.6m our town has been awarded.
You really will see the tangible changes this multi-million pound funding package will make to our town.
I’m incredibly excited about the future of Redditch and what this money will do. It’s now time to deliver on the promises we made to you.
