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Speech in Commons Chamber - Wed 25 Nov 2015
Spending Review and Autumn Statement

"Amid the all the wonderful news for Somerset on road and rail infrastructure, will the Chancellor reassure us that he remains fully committed to connecting 100% of homes to superfast broadband?..."
James Heappey - View Speech

View all James Heappey (Con - Wells) contributions to the debate on: Spending Review and Autumn Statement
Written Question
Business
Tuesday 27th October 2015

Asked by: James Heappey (Conservative - Wells)

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what fiscal steps he is taking to support businesses.

Answered by David Gauke

The government is committed to supporting businesses.

To support investment and drive productivity, the corporation tax rate will be reduced to 19% in 2017 and 18% in 2020. This will give the UK the lowest rate of corporation tax in the G20 and will save businesses a total of £6.6 billion by 2021.

The permanent level of the Annual Investment Allowance will be increased from £25,000 to £200,000, its highest-ever permanent level.

In addition, over one million employers have benefitted from the Employment Allowance which was introduced in April 2014. It allows businesses and charities throughout the UK to deduct up to £2000 off their employer National Insurance contributions (NICs) bill each year, rising to £3000 from April next year.


Speech in Commons Chamber - Tue 27 Oct 2015
Oral Answers to Questions

"Last week Mudgley cider producer Roger Wilkins told the local press that cider is

“an agricultural lubricant, an agricultural wine for the working man”.

Will the Chancellor continue to support hard-working people and lubricate the Somerset economy by cutting tax on cider?..."
James Heappey - View Speech

View all James Heappey (Con - Wells) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Tue 08 Sep 2015
Finance Bill

"I thank the Minister for his earlier remarks. Many people in Somerset have expressed their concerns about the direction the Government are taking on this, and my hon. Friend the Member for Somerton and Frome (David Warburton) and I would welcome the opportunity to meet the Minister at a convenient …..."
James Heappey - View Speech

View all James Heappey (Con - Wells) contributions to the debate on: Finance Bill