Proceeding contribution from Stewart Hosie (Scottish National Party) in the House of Commons on Monday, 23 April 2007. It occurred during Debate on bill on Finance Bill.
Finance Bill
The Chief Secretary is talking about the ability of companies to invest in some of the things that the Government are doing. However, of the 265,000 businesses in Scotland, 98 per cent. have fewer than 49 employees and 1.3 per cent. have between 50 and 249 employees. That leaves only a couple of thousand firms, of which 1,510 employ more than 500 people. The new definition of small and medium-sized enterprises that applies to much of the research and development tax credit stuff will apply to merely a few hundred companies out of 265,000. Is the Chief Secretary not overstating the benefits in the Finance Bill?
Secondary information
- Type
- Proceeding contribution
- Reference
- 459 c660
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Crime Agriculture Aviation Business Corporation tax Climate change Buildings Bureaucracy Capital allowances Fraud Housing Education Environment Investment Income tax Energy Electricity generation Economic situation Floods Inflation Pensions Olympic Games Passengers Petrol Partnerships Pension funds Small businesses Regional planning and development Tax allowances Tax avoidance Taxation Research Tax rates and bands Rural areas Off-payroll working
- Legislation
- Finance Bill 2006-07
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 12:08:59 +0000
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