Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps are being considered for improving the corporation tax payment rate amongst small businesses.

In the 2025 Budget, the government announced new policies that raise £2.4 billion in additional tax revenue from closing the tax gap in 2029-30. This brings the total revenue from closing the tax gap announced this Parliament to £10 billion in 2029-30.

The Chancellor makes decisions on tax policy at fiscal events, and does not routinely comment on proposals.