UK Cut to Writing-Down Allowances in Corp Tax Raises £1.5B: OBR

Nov. 26, 2025, 12:28 PM UTC

The UK budget includes a reduction to writing down allowances in corporate tax, which will raise £1.5b, according to an early release of the Office for Budget for Responsibility forecast.

To contact the reporter on this story:
Moira Warburton in London at mwarburton15@bloomberg.net

To contact the editors responsible for this story:
Sachin Ravikumar at sravikumar6@bloomberg.net

Dayana Mustak

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