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<p>Supporting businesses and helping them to invest, create jobs and to grow is a
key part of the Government’s long term economic plan. Since 2010 we have already cut
Corporation Tax (CT) from 28% to 21%, and next year it will fall to 20% - the joint
lowest rate in the G20. The Government has also cut the small profits rate to 20%.
Overall these CT cuts for large and small firms will be worth £9.5bn a year to business
by 2016.</p><p> </p><p> </p><p> </p><p>HM Treasury has not estimated the number of
jobs reshored.</p><p> </p><p> </p><p> </p><p>We will continue to work to ensure that
the tax system in the UK remains competitive and enables us to attract business investment.</p><p>
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