Oral Question·Department for Science, Innovation and Technology
“If she will make a statement on her departmental responsibilities.”
Tabled: 26 March 2024Answered: 17 April 2024
Answering Minister
the Secretary of State for Science, Innovation and Technology
Answer from Hansard
The Exchequer Secretary to the Treasury (James Murray)
The Government announced a range of measures at the autumn Budget to support SMEs, including in the retail, hospitality and leisure sectors. They include more than doubling the employment allowance, freezing the small business rates multiplier, extending RHL relief to 40%, maintaining the small profits rate and reducing the duty on qualifying draught products, which represent 60% of alcoholic drinks sold in pubs.