Jim Shannon
Main Page: Jim Shannon (Democratic Unionist Party - Strangford)Department Debates - View all Jim Shannon's debates with the Northern Ireland Office
(8 years, 2 months ago)
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Jim Shannon (Strangford) (DUP)
The Federation of Small Businesses indicates that some 32,000 jobs will be created by the corporation tax provisions, which the fresh start agreement secured. Sixty per cent. of those jobs in Northern Ireland are in the small and medium-sized business sector. What discussions has the Secretary of State had with the Department of Enterprise, Trade and Investment to ensure that small and medium-sized businesses benefit from the corporation tax reduction?
Mrs Villiers
I have had many discussions over the years with the Executive and Invest NI on those matters. We believe that the devolution of corporation tax could have a hugely positive impact on the Northern Ireland economy, including for small businesses.