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1006205
unstar this property registered interest false more like this
unstar this property date remove maximum value filtermore like thismore than 2018-11-13
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Free Zones more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment the Government has made of the potential merits of introducing free port schemes across the UK. more like this
star this property tabling member constituency Romford more like this
star this property tabling member printed
Andrew Rosindell more like this
star this property uin 190815 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-11-21more like thismore than 2018-11-21
star this property answer text <p>The Government has been clear that it is open to ideas that deliver economic advantages for the UK.</p><p> </p><p>Section 100A of the Customs and Excise Management Act 1979 (CEMA) provides the legal basis for the designation of free zones by HM Treasury and will continue to do so following UK withdrawal from the EU. Applying for designation as a free zone will be a commercial decision to be taken by private port operators.</p><p> </p><p>It is worth noting that many of the customs-related benefits of free ports are already available through existing customs facilitations, for example inward processing relief.</p> more like this
star this property answering member constituency Central Devon remove filter
star this property answering member printed Mel Stride more like this
star this property question first answered
less than 2018-11-21T14:58:48.787Zmore like thismore than 2018-11-21T14:58:48.787Z
star this property answering member
3935
star this property label Biography information for Mel Stride more like this
star this property tabling member
1447
star this property label Biography information for Andrew Rosindell remove filter
1006210
unstar this property registered interest false more like this
unstar this property date remove maximum value filtermore like thismore than 2018-11-13
star this property answering body
Treasury remove filter
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Corporation Tax more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the effect of lowering the rate of corporation tax on corporation tax receipts since 2017. more like this
star this property tabling member constituency Romford more like this
star this property tabling member printed
Andrew Rosindell more like this
star this property uin 190819 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-11-21more like thismore than 2018-11-21
star this property answer text <p>The OECD has concluded that corporation tax is the most harmful tax for growth and productivity.</p><p> </p><p>In April 2017, the corporation tax rate was reduced from 20% to 19%. This is the continuation of this government’s reduction in the rate from 28% in 2010.</p><p> </p><p>Lower corporation taxes can result in increased profits, wages, employment and consumption that all feed through into higher tax revenues that support our vital public services.</p><p> </p><p>Despite the rate cut in 2017, the onshore corporation tax revenues have increased from £53.6 billion in 2016-17 to £56.1 billion in 2017-18. Since 2010, onshore corporation tax revenues have increased by 55%.</p> more like this
star this property answering member constituency Central Devon remove filter
star this property answering member printed Mel Stride more like this
star this property question first answered
less than 2018-11-21T15:35:46.783Zmore like thismore than 2018-11-21T15:35:46.783Z
star this property answering member
3935
star this property label Biography information for Mel Stride more like this
star this property tabling member
1447
star this property label Biography information for Andrew Rosindell remove filter