Small Businesses: Corporation Tax
(asked on 17th July 2019) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps the Government is taking to lower the corporation tax rate for small businesses.
This question was answered on 22nd July 2019
Since 2010 the Government has successively reduced the UK Corporation Tax rate to support businesses, both large and small. Now at 19%, the UK Corporation Tax rate is currently the lowest in the G20, and in April 2020 it will be lowered further from 19% to 17%.