Written Question·Department for Business and Trade·UIN 30165

Business: Finance and Tax Allowances

Tabled: 10 February 2025
Answered: 3 March 2025

Question

Shivani Raja

ConservativeLeicester East

To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential merits of introducing (a) targeted tax relief and (b) other financial support measures to support businesses that have had to source materials or services

Answer

Mr Douglas Alexander
The Department for Business and Trade does not provide financial support in relation to sanctions. Where possible, we have sought to minimise the impact on businesses through implementing appropriate exceptions, specific export licences where appropriate,...

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