Oral Answers to Questions

Richard Fuller Excerpts

Tuesday 21st January 2020 Commons Chamber

[Kelly Tolhurst]

I thank the hon. Lady for her question. I note her interest, her role and the work she has done on this issue, and I will be more than happy to meet her. It is important that everyone in the United Kingdom, no matter who they are, is able to access support from government. We want all entrepreneurs to thrive and I will be happy to work with her to be able to achieve that.

[Richard Fuller (North East Bedfordshire) (Con)]

T8. Will the Government consider introducing a small business equivalent of the personal allowance, exempting small businesses from all taxes other than VAT and assisting small businesses such as Maynard’s ice cream in my constituency in meeting the challenge of increases in the living wage?

[Kelly Tolhurst]

I thank my hon .Friend for his question and very much welcome him back to this place, as an extremely valued member of the Select Committee on Business, Energy and Industrial Strategy, on which he served with me—I am pleased to have him back. He raises an interesting idea. The UK has a highly competitive tax environment, and we need to do more to support our small businesses with the cost of doing business. That is why the Government have committed to launching a fundamental review of business rates, and Treasury colleagues will be giving more details on that in due course.