Small Manufacturing Business

Part of Oral Answers to Questions — Treasury – in the House of Commons am 2:30 pm ar 16 Mawrth 2010.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Stephen Timms Stephen Timms Parliamentary Under-Secretary (Department for Business, Innovation and Skills) (Digital Britain) (also HM Treasury), Financial Secretary (HM Treasury) (also in the Department for Business, Innovation and Skills) 2:30, 16 Mawrth 2010

The annual investment allowance of £50,000 is particularly helpful for small manufacturing businesses. The business payment support service allows firms with cash-flow difficulties to spread tax payments over a period. My right hon. Friend the Chancellor will set out our plans in his Budget statement next week.