NIIRTA Welcomes Publication Of Legislation To Devolve Corporation Tax

The Northern Ireland Independent Retail Trade Association (NIIRTA) has welcomed today’s publication of the legislation to devolve Corporation Tax. NIIRTA Chief Executive Glyn Roberts said: “It is a major step forward that UK Government has now published the draft legislation to devolve Corporation Tax. “Coming on the back of Corporation Tax reduction, more Foreign Direct Investment will lead to more jobs which will be a big long term boost to our local retail sector. “We must, in parallel with the devolution of Corporation Tax ensure that we have the world class skills and training to attract the world class Foreign Direct Investment. It is therefore essential that the proposed cuts to Further Education do not proceed. “Post Corporation Tax, the next big challenge for the economy will be Skills and Training.”