§ 39. Mr. John TownendTo ask the Chancellor of the Exchequer what would be the cost to the Exchequer if a nil rate corporation band was introduced on the first £5,000 of a company's profits, limited to companies registered for value added tax for less than five years and for non-registered companies.
§ Mr. LilleyI regret that the information requested is not available.
§ Mr. JackTo ask the Chancellor of the Exchequer what is the corporation tax rate in the United Kingdom and other OECD countries.
§ Mr. LilleyI refer my hon. Friend to the reply I gave to my hon. Friend the Member for Bournemouth, West (Mr. Butterfill) earlier today.