Question follow-through · 32837

Corporation Tax: Tax Rates and Bands

To ask the Chancellor of the Exchequer, whether she has had discussions with stakeholders on the potential merits of implementing thresholds for corporation tax as per personal taxation.

answeredTreasury

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Treasury
Tabled
21 Feb 2025
Target answer date
25 Feb 2025
Answer
28 Feb 2025 · 7 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

More questions by this MP on Economy and business

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Recorded timeline

  1. 21 Feb 2025

    Question tabled

    To ask the Chancellor of the Exchequer, whether she has had discussions with stakeholders on the potential merits of implementing thresholds for corporation tax as per personal taxation.

  2. 25 Feb 2025

    Target answer date

    Date supplied by the official written-questions record.

  3. 28 Feb 2025

    Answer published

    Companies already pay Corporation Tax in line with their profitability. The main rate of 25 per cent – which is the lowest in the G7 – applies to profits over £250,000. The small profits rate of 19 per cent applies to profits under £50,000. Marginal relie...

Open official record

Official data retrieved 28 Sept 2026.

Later records

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