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<p>BEIS and HM Treasury Ministers have regular discussions on a number of different
topics, including employment and business support. However, in line with the practice
of successive administrations, details of ministerial discussions are not generally
disclosed.</p><p> </p><p>The Government keeps all tax policy under review and regularly
receives proposals for new tax reliefs. When considering any new relief, HM Treasury
must ensure that the relief would be effective at meeting its objectives, would not
be subject to abuse, and would represent good value for money for the taxpayer.</p><p>
</p><p>At Spring Budget, the Government supported businesses by making further significant
cuts to business rates and also delivered on its commitment to increase the Employment
Allowance from £3,000 to £4,000. This allowed businesses and charities to claim up
to £4,000 off their National Insurance contributions from April 2020. Businesses can
also deduct 100% of staff costs from their corporation tax bill. These measures are
on top of having the lowest corporation tax in the G20.</p>
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