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<p>Since 2010 we have significantly lowered the headline rate of Corporation Tax from
28% down to 19% today – the lowest in the G20, with further cuts to 17% legislated
by 2020.</p><p> </p><p>We have also created a world-leading offer on creative sector
tax reliefs, given significant support for R&D investment through the tax system,
and introduced the Patent Box regime to attract international investment in intellectual
property to the UK.</p><p> </p><p>These steps have helped to create a highly competitive
and FDI-friendly business environment.</p>
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