Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will take steps to improve the competitiveness of UK-based kitchen manufacturers through the tax system.

The government has taken a number of measures to make the tax system competitive and give businesses, including those in the kitchen manufacturing sector, the stability and predictability they need to invest and grow.

For instance, the Corporate Tax Roadmap, published at Autumn Budget 2024, committed to capping the CT rate at 25% for the duration of parliament, the lowest headline rate of CT in the G7. These taxes are also by some of the most generous business investment tax reliefs and allowances in the OECD, such as the Annual Investment Allowance of £1 million per year and Full Expensing, to encourage investment and increase the competitiveness of UK companies internationally.