Quote cod'ead="cod'ead"Sorry but you are wrong.
The vast majority of the bottom centile are already receiving some form of benefit (tax credits or housing benefit), any increase in personal allowances is immediately cancelled out by a similar reduction in working benefits. So the lowest paid gain buggerall. The main beneficiaries of increasing personal allowances are middle-income earners.
If you seriously believe that any corporation already engaged in offshoring its tax liabilities will suddenly decide to bring everything back under UK tax jurisdiction because we've knocked a couple of points off corporation tax, then you're away with the fairies.'"
We must as always agree to differ - where is your cut off point of the "bottom centime" I suspect there are significant numbers of individuals who will have benefitted from the increase in personal allowances who are not in receipt of benefits e.g. younger single workers who still live at home of which there will be hundreds of thousands.
On corporate taxation if lower the taxation brings negative financial returns why do it? It quite clearly doesn't but once again you know best!!