StatusClosed
Opened24 Dec 2024
Closes24 Jun 2025
Government response—
Parliamentary debateNot eligible
Milestones—
I believe the Government should reduce the corporation tax rate on small businesses with profits of £50,000 from the current rate of 19% to 13%, as I believe it would help small businesses to stay competitive and open in the World of business.
I believe 19% is too much for small businesses, as the cost of living and inflation have led to many small businesses, earning less than £50,000 profit, to struggle to stay open. I believe the current tax rate is harming the World of business and people's ability to open up their own business.
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Constituency engagement ranking
1Mr Richard Holden MP
Basildon and Billericay2Helen Maguire MP
Epsom and Ewell3Maria Eagle MP
Liverpool Garston4Heidi Alexander MP
Swindon South5Sojan Joseph MP
Ashford6Daniel Francis MP
Bexleyheath and Crayford7Judith Cummins MP
Bradford South8Alex Burghart MP
Brentwood and Ongar9Nigel Farage MP
Clacton10Mary Creagh MP
Coventry East