Oral Answers to Questions

Will Quince Excerpts
Tuesday 8th January 2019

(5 years, 2 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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I call Will Quince. [Interruption.] I am sure that the hon. Gentleman is delighted to have excited such a reaction, but I would like to hear what he has to say.

Will Quince Portrait Will Quince (Colchester) (Con)
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T6. Thank you, Mr Speaker. Will my right hon. Friend join me in welcoming the £900 million cut in business rates announced at the most recent Budget, which will benefit thousands of small businesses up and down our country, including in Colchester?

Kelly Tolhurst Portrait Kelly Tolhurst
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I am delighted to join my hon. Friend in welcoming this recent measure, which has benefited small businesses so well. We have cut corporation tax to 19%. As a result of cuts made by this Government since 2017 through the small business rate relief, over 655,000 small businesses—the occupiers of a third of all business properties—pay no rates at all.