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Early day motion tabled by primary sponsor Lord Cotter (Liberal Democrat), on Wednesday, 11 February 2004, in the House of Commons. It is signed by 51 members in total.


IR591 AND SMALL BUSINESSES

That this House condemns the Chancellor's refusal to consult with small firms regarding his announcement on IR591 in the Pre-Budget Report 2003; urges the Chancellor to be open and to publish further details of his plans to 'ensure that the right amount of tax is paid by owner managers of small incorporated businesses'; presses the Government to introduce a proper period of consultation prior to any new legislation that is unveiled; further notes that the Chancellor's excessive tinkering has created an impenetrable maze of taxation law which most small businesses struggle to comprehend; concludes that it would be more sensible to ensure that all forms of income are taxed equally; and therefore calls on the Chancellor to reduce burdens on business by introducing a fair and transparent system of taxation.


Secondary information

Type
Early day motion
Reference
606 
Session
2003-04
Subjects
Small businesses Taxation
Link
View this Early day motion on www.parliament.uk