Corporation Tax: Small Companies

Part of Orders of the Day — Finance Bill – in the House of Commons at 10:45 pm on 9th May 1989.

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Photo of Nick Brown Nick Brown Shadow Spokesperson (Treasury) 10:45 pm, 9th May 1989

It is self-evident that I do not think that; I have just said so. I think that the approach that I have outlined, which has belatedly been adopted by the Government, is the right one. As Treasury Ministers frequently tell us, and as I shall be telling people one day, I suppose, it is always difficult to strike a balance in these matters. It is not illogical to say that that is how we arrived at the figure.