Downing Street Says » Corporation Tax

» Tuesday, March 11, 2008

Corporation Tax

Asked if the Prime Minister thought it would help schemes such as the National Enterprise Academy if the rate of corporation tax for small businesses was cut, the PMS replied that the Government had made a lot of changes to the tax system since 1997, which had had a significant impact on promoting enterprise. As people would recall, last years Budget involved a major simplification of the tax system.

What the National Enterprise Academy was about, was addressing some of the cultural issues and education issues in relation to enterprise. It was one part of a much wider strategy.

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