Owner Managed Businesses
EDM number 501 in 2003-04, proposed by Mark Prisk on 27/01/2004.
That this House notes the Government's plans to reverse its tax treatment of owner managed businesses; is deeply concerned that this could result in severe financial hardship for thousands of family businesses and thus damage enterprise; asks the Chancellor to explain why his tax incentives went wrong; and urges him to meet with and consult small business representatives prior to the Budget.
This motion has been signed by a total of 138 MPs.
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