Engagements

Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 11:30 am on 28th March 2007.

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Photo of David Cameron David Cameron Leader of Her Majesty's Official Opposition, Leader of the Conservative Party 11:30 am, 28th March 2007

Someone needs to tell the Prime Minister that there are two rates of corporation tax, and the one for small businesses is going up. It will be paid by every firm in the country. When it comes to large companies, the Chancellor followed our advice and cut the rate and simplified the system, but when it comes to small companies, he did the opposite—he increased the rate and he has made the system more complicated—so why is he punishing small firms?