Small Businesses

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 2:22 pm on 12 July 1995.

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Photo of Mr Richard Page Mr Richard Page , South West Hertfordshire 2:22, 12 July 1995

I note what my hon. Friend says. He will understand if I do not give a direct answer, but I understand the reasoning behind his question. Since 1979, the Government have reduced corporation tax for smaller businesses from 42 per cent. to 25 per cent. in order to help small businesses.