Research: Tax Allowances

Summary

To ask the Chancellor of the Exchequer, with reference to paragraph 5.52 in the Autumn Statement, CP751, published on 17 November 2022, what assessment his Department has made of the potential impact of decreasing the SME credit rate from 14.5% to 10% on

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Timeline

1. 18 November 2022

   Written question

   To ask the Chancellor of the Exchequer, with reference to paragraph 5.52 in the Autumn Statement, CP751, published on 17 November 2022, what assessment his Department has made of the potential impact of decreasing the SME credit rate from 14.5% to 10% on

   Source: Commons

2. 28 November 2022

   Answer

   The reform announced at Autumn Statement will ensure taxpayer’s money is spent as effectively as possible, it also improves the competitiveness of the RDEC scheme, and is a step towards a simplified, single scheme for all. The reliefs are forecast to supp...

   Source: Written answer

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• · Treasury · Answering body

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