Written Question·Treasury·UIN 21855

Business: Government Assistance

Tabled: 3 January 2025
Answered: 13 January 2025

Question

Dr Scott Arthur

LabourEdinburgh South West

To ask the Chancellor of the Exchequer, what steps she is taking to support (a) small and (b) large family owned businesses.

Answer

James Murray
At Autumn Budget, we published our Corporate Tax Roadmap, in which we are capping corporation tax at 25% as well as maintaining Small Profit Rate + marginal relief at their current rate + threshold, and maintaining the Annual Investment Allowance at £1m. ...

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