The Northern Ireland Executive and the UK and Irish governments have agreed to the implementation of a 12.5% corporate tax rate for Northern Ireland from 2018. The implementation of the new rate is part of the Stormont Agreement and Implementation Plan. The plan sets out the devolution of certain powers from the UK government to the Northern Ireland Executive, including corporate taxation powers ({News-2015-04-06/A/4- previous coverage}).
The 12.5% rate will apply from April 2018.
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