§ Mr. SwireTo ask the Chancellor of the Exchequer what plans he has to change the levels of taxation levied on the business sector; and if he will make a statement. [132654]
§ Dawn PrimaroloThe Government keeps all taxes under review and any changes will be made as part of the normal Budget process. Since 1997 the Government has introduced a wide-ranging package of measures to make the UK an attractive place for business to locate and help small business, including cuts in corporation tax and the introduction of targeted measures such as the R&D tax credit, permanent 40 per cent. first year capital allowances and improvements to the capital gains tax regime.