Oral Answers to Questions

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

(5 years, 10 months ago)

Commons Chamber
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Anthony Mangnall Portrait Anthony Mangnall (Totnes) (Con)
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5. What fiscal steps he is taking to help small businesses.

David Evennett Portrait Sir David Evennett (Bexleyheath and Crayford) (Con)
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9. What fiscal steps he is taking to help small businesses.

John Glen Portrait The Economic Secretary to the Treasury (John Glen)
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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.

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