CORPORATION TAX is to be cut by a further 1%, George Osborne told parliament during his Autumn Statement.
Osborne said corporation tax would be cut to 21% from April 2014, making it the lowest rate for any western economy.
Banks will not benefit from the cut, the chancellor said. In fact, the government will increase the annual levy on their balance sheets.
The chancellor also announced that business taxes will also be cut by extending small business rate relief to April 2014.
At HMRC, Dmitri Surendran was responsible for leading the London team of the offshore, corporate and wealthy unit of the fraud investigation service
Research also finds that 84% of businesses believe that the government has not provided enough information about digital tax plans
A total of £16bn was lost through tax fraud last year, according to estimates released by Pinsent Masons
Richard Asquith of Avalara looks at the non-tariff barriers the UK will face when selling into the EU post-Brexit