Taxation: Business

Rosie Cooper
To ask the Chancellor of the Exchequer if he will take steps to reduce the burden of tax on small and medium-sized enterprises which work with young people most at risk of committing anti-social behaviour.

Mr. Timms
The Chancellor announced a number of measures at the 2008 pre-Budget report to reduce the burden of taxation on small and medium-sized enterprises, including a deferral of the planned increase in the small companies' rate of corporation tax, the business payment support service and more generous use of the loss carry-back rules. Currently, there are no plans to provide specific tax reliefs for businesses that work with young people most at risk of committing anti-social behaviour.