This tax policy began in 2008 in financial crisis. The tax rate on companies was increased from 30% to 20%.
Also from 2020, the rate would be further reduced by 3 points.
A new tax rate will be applied from 2020 it will be 17%
The Minister of Finance of the United Kingdom, said that the new measure attract more foreign investors and especially the large multinationals that the UK government would like to move to the UK.
The United Kingdom has become in recent years to the 5th largest economy.
With his system and financial and fiscal policy, the United Kingdom has become the first global financial center