Business: Government Assistance
Commons · Question 21855 · Tabled 3 Jan 2025 · Treasury · Official record
Answered 13 Jan 2025
Question
Asked by Scott Arthur
To ask the Chancellor of the Exchequer, what steps she is taking to support (a) small and (b) large family owned businesses.
Answer
Answered by James Murray, 13 Jan 2025
At Autumn Budget, we published our Corporate Tax Roadmap, in which we are capping corporation tax at 25% as well as maintaining Small Profit Rate + marginal relief at their current rate + threshold, and maintaining the Annual Investment Allowance at £1m. ...