Oral Answers to Questions

Debate between Selaine Saxby and Edward Leigh

Tuesday 6th February 2024 Commons Chamber

[Selaine Saxby (North Devon) (Con)]

12. What fiscal steps his Department is taking to support small businesses.

[Sir Edward Leigh (Gainsborough) (Con)]

15. What fiscal steps his Department is taking to support small businesses.

[The Financial Secretary to the Treasury (Nigel Huddleston)]

Small businesses are the engines that drive our economy and we support them to thrive using levers right across Government. Our small business rates relief means that one third of business properties in England already pay no business rates. We provide tax reliefs benefiting small and medium-sized enterprises, such as the annual investment allowance and employment allowance, and we support investment in SMEs through British Business Bank programmes and a variety of other support measures.