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Small businesses

Volume 472: debated on Wednesday 20 February 2008

To ask the Chancellor of the Exchequer what the most recent estimate is of the cost over the next comprehensive spending review period of reversing the small companies rate increases announced in the 2007 budget. (163258)

In line with the Code for Fiscal Stability, at Budget 2007 the Government published the impact on Exchequer revenues of the increase in the small companies rate for the years 2007-08, 2008-09 and 2009-10. These can be found in Table 1.2 of the Budget 2007 document.