Jim Dickson

Jim Dickson

Labour — Dartford

Speaking in the House of Commons on 3 March 2025

Debate

Finance Bill

Contribution

Thank you, Madam Deputy Speaker. I simply intend to illustrate why the changes proposed in the amendments do not help what the Government are attempting to achieve via the Finance Bill. The FSB said that the Budget “shows a clear direction in business policy now for the whole of this Parliament to target support at small businesses, rather than big corporates”. As hon. Members have stated, the Government are supporting SMEs by more than doubling the employment allowance, keeping the small profits rate stable, maintaining the annual investment allowance and freezing the small business rates multiplier. I ask hon. Members not to forget that this is an important piece of legislation underpinning measures announced at the Budget that will help fix the NHS, improve public services, incentivise capital investment and rebuild Britain.

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