Asked by: Rishi Sunak (Conservative - Richmond (Yorks))
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what fiscal steps he is taking to support businesses.
Answered by Damian Hinds - Minister of State (Education)
The Government wants low taxes, but taxes that are paid. We are cutting corporation tax to 17%, the lowest rate in the G20, reducing the business rates burden in England by £6.7bn over 5 years, and acting on avoidance to ensure a level playing field for all businesses.