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Business: Rural Areas

Question for Department for Business, Energy and Industrial Strategy

UIN 10011, tabled on 26 May 2022

To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans his Department has to help increase the survival rate of micro-businesses in rural and isolated communities.

Answered on

9 June 2022

The Government is providing a range of support to help small and medium-sized businesses across the UK with rising costs, including those in rural communities. The Government has cut fuel duty for 12 months, raised the Employment Allowance to £5,000, and is zero-rating VAT on energy-saving materials. This builds on existing support, including business rates relief worth £7 billion over five years.

Additionally, Help to Grow programmes will enable eligible SMEs to mitigate the effects of rising costs by providing financial discounts on approved digital technologies up to a value of £5000 and improving SME leadership and management skills though subsidised courses.

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