| answer text |
<p>The Government is committed to evaluating the disproportionate impact of regulatory
changes on small and micro businesses and, where possible, either exempting such businesses
or mitigating the impacts without compromising the policy objectives. All regulatory
impact assessments, which are published by individual government departments, must
include this analysis as part of the small and micro business assessment.</p><p>In
recent years, the Government has taken several steps to reduce the cost of doing business
in the UK, including the commitment to cut corporation tax to 19% and the reductions
to business rates announced since Budget 2016, which are worth more than £12 billion
over the next five years.</p><p> </p>
|
 |
