Tax reduction
The Chancellor was asked how many small companies have gone online and claimed a special tax reduction since 2000. John Healey gave the following information:
Return for year to 5 April
Tax reduction
The Chancellor was asked how many small companies have gone online and claimed a special tax reduction since 2000. John Healey gave the following information:
Return for year to 5 April
2000 0 2001 1,400 2002 0 2003 0 2004 0 2005 900,000
For readers who cannot recall the 2001 discount, this was a one-off £50 discount offered for small employers for filing their employer's annual return online (and also a £50 discount for doing their tax credits business online). This was for one year only. The 2005 figure relates to the £250 tax-free incentive payment.
Hansard, 17 July 2006, vol 449, no 186, col 157W