The Government are committed to ensuring that the UK continues to have one of the most competitive corporate tax regimes in the world. The UK continues to have the lowest main rate of corporation tax in the G7.
Treasury Ministers and officials regularly receive representations on tax issues, including on the rate of corporation tax, from a variety of sources as part of the process of policy development and delivery. As was the case with previous Administrations, it is not the Government's practice to provide details of all such representations.