HC Deb 02 March 1981 vol 1000 cc53-4W
Mr. Loveridge

asked the Secretary of State for the Environment if he will make a statement about the booklet"Taxation and the Smaller Business" published by the Council for Small Industries in Rural Areas.

Mr. Monro

My right hon. Friend the Minister for Local Government and Environmental Services recently attended the launch of this new tax guide, which was commissioned by the chairman of the Development Commission and CoSIRA. Although intended for use by CoSIRA and the small firms they serve in rural England, it provides most useful and welcome guidance for small firms and their investors throughout the United Kingdom on the many tax incentives and other forms of assistance that have been introduced in recent years. It includes advice on attracting private investment; on whether or not to form a limited company; taxation of business profits; aspects of personal taxation; and VAT.

I commend the booklet to all Members. Copies have been placed in the Library.