Merge pull request #51 from PSLmodels/corporate-tax

Merging.
PSLmodels · Nov 7, 2022 · 5c26e67 · 5c26e67
2 parents d2716fd + a72a51e
commit 5c26e67
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Showing 4 changed files with 9 additions and 3 deletions.
diff --git a/CHANGELOG.md b/CHANGELOG.md
@@ -5,6 +5,12 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0).
 
+## [0.1.2] - 2022-07-29
+
+### Fixed
+
+* UK corporate tax rate schedule added.
+
 ## [0.1.1] - 2022-07-19
 
 ### Changed

diff --git a/oguk/oguk_default_parameters.json b/oguk/oguk_default_parameters.json
@@ -140,7 +140,7 @@
     "initial_debt_ratio": 0.78,
     "r_gov_scale": 1.0,
     "r_gov_shift": 0.02,
-    "cit_rate": [[0.21]],
+    "cit_rate": [[0.19], [0.25]],
     "c_corp_share_of_assets": 0.55,
     "adjustment_factor_for_cit_receipts": [0.30909090909090914],
     "tau_c": [[0.0]],

diff --git a/oguk/tests/test_get_micro_data.py b/oguk/tests/test_get_micro_data.py
@@ -32,7 +32,7 @@ def test_frs():
 
     # create a parametric reform
     def lower_pa(parameters):
-        parameters.tax.income_tax.allowances.personal_allowance.amount.update(
+        parameters.gov.hmrc.income_tax.allowances.personal_allowance.amount.update(
             period="year:2022:10", value=10000
         )
         return parameters

diff --git a/setup.py b/setup.py
@@ -6,7 +6,7 @@
 with open("README.md") as f:
     longdesc = f.read()
 
-version = "0.1.1"
+version = "0.1.2"
 
 config = {
     "description": "OG-UK",