Oral Answers to Questions

Roger Williams Excerpts
Wednesday 30th November 2011

(12 years, 5 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Roger Williams Portrait Roger Williams (Brecon and Radnorshire) (LD)
- Hansard - -

Q15. While I welcome the reduction in corporation tax, which will encourage the businesses affected to expand, 90% of the businesses in my constituency are not incorporated and will not benefit from the tax reduction. Will the Prime Minister ensure that in the spring Budget those businesses are given similar tax incentives to ensure that they grow to their full potential, in the economy and the communities they serve?

Lord Cameron of Chipping Norton Portrait The Prime Minister
- Hansard - - - Excerpts

May I again praise the hon. Gentleman for the magnificent specimen lurking underneath his nose? We will not wait until the Budget to help those small businesses: we have already extended the rate relief freeze for small businesses, and the national loan guarantee scheme, which will help small businesses to access credit, will be up and running soon.