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United Kingdom · Question · Written question

UIN 89485

Small Businesses

answeredUnited Kingdom· UK Parliament· EN

Introduced

11 November 2025

Last action

18 November 2025 · Answer

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Answered

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Discovery layer

Source updated

18 November 2025

Summary

To ask the Secretary of State for Business and Trade, with reference to the written statement of 21 October 2025, HCWS973, on Regulation Action Plan Update and Modernisation of Corporate Reporting, if he will increase the definition of SME firms from 250

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Timeline

  1. 11 November 2025

    Written question

    To ask the Secretary of State for Business and Trade, with reference to the written statement of 21 October 2025, HCWS973, on Regulation Action Plan Update and Modernisation of Corporate Reporting, if he will increase the definition of SME firms from 250

    Source: Commons

  2. 18 November 2025

    Answer

    The Department introduced legislation earlier this year that raised the monetary thresholds for micro, small, medium, and large companies by approximately 50%, thereby reducing reporting obligations for 133,000 companies moving into a smaller size categor...

    Source: Written answer

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