United Kingdom · Question · Written question
UIN 38771
Small Businesses: Corporation Tax
Introduced
18 July 2022
Last action
21 July 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
21 July 2022
Summary
To ask the Chancellor of the Exchequer, if he will make an estimate of the number of microbusinesses that will pay (a) corporation tax in the 2022-23 financial year and (b) will pay an increased rate of corporation tax after 1 April 2023.
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Timeline
18 July 2022
Written question
To ask the Chancellor of the Exchequer, if he will make an estimate of the number of microbusinesses that will pay (a) corporation tax in the 2022-23 financial year and (b) will pay an increased rate of corporation tax after 1 April 2023.
Source: Commons
21 July 2022
Answer
The information requested is not available. In Finance Act 2021, the Government legislated to increase the main rate of Corporation Tax to 25 per cent from April 2023 and introduce a small profits rate, keeping the rate at 19 per cent for companies with p...
Source: Written answer
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- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-07-18/38771
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1490167
- uk · wq-1490167 · source updated 21 July 2022