Oral question asked in the House of Commons, by Dominic Raab (Conservative). It was answered on Tuesday, 21 December 2010 on behalf of the Treasury.
Dyson Report
- Question
- I welcome that response. The Dyson report recommended tax credits for high-tech start-ups, including businesses such as Chelsea Technologies and TR Control Solutions in my constituency, which create new jobs by pioneering green technology. Can the Minister be encouraged to go one step further and introduce tax breaks to stimulate that niche area of the UK economy, which is good for jobs, revenue and the environment?
- Answer
-
I take on board my hon. Friend's comment, and we are determined to ensure that we do everything we can to help jobs and revenue. That is why we have been able to reduce the corporation tax rate from 28 to 24% over four years, and we are putting in place a stable and predictable tax system. I note his comments, and as I said, there is a review of the matter.
Secondary information
- Type
- Oral question
- Reference
- 520 c1308
- Session
- 2010-12
- Oral question type
- 1st Supplementary
- Chamber / Committee
- House of Commons chamber
- Subjects
- Technology Trade competitiveness
- Link
- View this Oral question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2014-09-01 20:16:06 +0100
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