The slashing of corporation tax in the years since the majority of education PFI deals were signed has provided a windfall for the companies involved

30

Corporation tax

Stood at 30% for

nine years

20

21 deals signed

in 2010-11 when

corporation tax

was 28%

10

0

1997-98

2007-08

2017-18

30

Corporation tax

Stood at 30% for

nine years

20

21 deals

were signed in 2010-11 when

corporation tax was 28%

10

0

1997-98

2002-03

2007-08

2012-13

2017-18

2020-21