Written Question·Treasury·UIN 57550
Small Businesses: Taxation
Tabled: 4 June 2025
Answered: 13 June 2025
Question
David Smith
Labour — North Northumberland
To ask the Chancellor of the Exchequer, whether she plans to differentiate between small family businesses and major corporations for overall tax liabilities.
Answer
James MurrayThe Government provides support through the tax system to small businesses in a range of ways.The Small Profits Rate and taper rate mean almost 70% of actively trading companies are taxed at a rate of 19%, with only 10% of businesses paying the full 25%.W...
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