Steven Bruck, a partner at Blick Rothenberg Chartered Accountants, says: "Corporation Tax will come down one per cent from April 2015.
"For the first time in many years there will be a single rate of Corporation Tax at an internationally competitive rate of 20 per cent. This is very good for business and as an encouragement for inward investment in the UK."
More top news
Girls should swap dolls for toys such as Lego and Meccano to get them more interested in science and engineering, top scientist claims.
A mother feared to have been planning to travel to Syria with her four children has been arrested after returning to the UK.
Labour leadership contender Yvette Cooper has accused Jeremy Corbyn of not being straight with people over the economy.