At just 20%, the UK currently has the joint-lowest corporate tax rate in the G20, and the government plans to cut the rate further still to 18% by 2020. Companies choose to expand or move their businesses to the UK because it’s an ideal location with a population of over 64 million people. More companies locate their European headquarters in the UK than anywhere else in Europe.
The UK has a highly educated labour force: more adults have completed higher education than anywhere else in Western Europe. The International Monetary Fund forecasts the UK to maintain steady growth through 2016 with long-term economic plans backing business, creating jobs, boosting infrastructure and delivering the skills that businesses need. Investors can be confident in the UK’s continued economic strength and stability. The UK also has one of the world’s leading financial centres and a transparent regulatory system making it easier to do business.