All 1 Debates between Anthony Mangnall and David Evennett

Oral Answers to Questions

Debate between Anthony Mangnall and David Evennett
Tuesday 11th February 2020

(4 years, 9 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Anthony Mangnall Portrait Anthony Mangnall (Totnes) (Con)
- Hansard - -

5. What fiscal steps he is taking to help small businesses.

David Evennett Portrait Sir David Evennett (Bexleyheath and Crayford) (Con)
- Hansard - - - Excerpts

9. What fiscal steps he is taking to help small businesses.

John Glen Portrait The Economic Secretary to the Treasury (John Glen)
- Hansard - - - Excerpts

The UK’s 5.8 million small businesses play a vital role in our economy. We have lowered corporation tax from 28% in 2010 to 19%. We have introduced the employment allowance, to reduce employers’ national insurance contributions bill by £3,000 every year, and we have reduced the business rates burden, so that more than 675,000 of the smallest businesses pay no rates at all.