Oral Answers to Questions
Debate between Alan Mak and Andrew Rosindell
Tuesday 19th January 2016
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(8 years, 7 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Andrew Rosindell (Romford) (Con)
11. What fiscal steps he is taking to support small business owners.
The First Secretary of State and Chancellor of the Exchequer (Mr George Osborne)
The Government are backing businesses by cutting their taxes. We have given Britain the lowest corporate tax rate in the G20, and we are cutting it further. To support small businesses, the employment allowance will rise by 50% in April, and we are doubling small business rate relief. This Government understand that we create jobs and raise money for public services by backing companies, not by punishing them with the kind of anti-business, anti-enterprise nonsense that we hear from the Labour party.