Competitive advantage

Stephen Hemmings and Will Sweeney consider how competitive the UK’s tax system really is, compared to others

The Government makes much of the UK having the most competitive tax system in the G20, but how does that really stack up? With tax becoming ever more global under the auspices of initiatives such as the Base Erosion and Profit Shifting (BEPS) project adopted by 124 countries, what advantages does the UK offer the multinational business?