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United Kingdom · Question · Written question

HL HL2567

Small Businesses: Location

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 November 2024

Last action

25 November 2024 · Answer

Status

Answered

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Discovery layer

Source updated

25 November 2024

Summary

To ask His Majesty's Government what assessment they have made of reports that small businesses are considering relocating overseas due to concerns about changes announced in the Autumn Budget.

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Timeline

  1. 14 November 2024

    Written question

    To ask His Majesty's Government what assessment they have made of reports that small businesses are considering relocating overseas due to concerns about changes announced in the Autumn Budget.

    Source: Lords

  2. 25 November 2024

    Answer

    The Budget announced generous tax reforms to support small businesses. Most notably, more than doubling the Employment Allowance to £10,500; commitments in the Corporate Tax Roadmap to maintain the Small Profits Rate and marginal relief at their current r...

    Source: Written answer

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