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from april, the employment allowance will increase to £5,000, that is a new tax cut worth up to £1000 for half a million small businesses starting injust half a million small businesses starting in just two weeks time. mr speaker, future tax cuts on business and innovation, a business rate discount worth £1.7 billion, helped to grow schemes and an annual investment allowance worth up to £1 million and a new tax cut on the cost of employment worth £1000 per company. 0nce cost of employment worth £1000 per company. once again mr speaker, it is this conservative government delivering for british business. mr speaker, the tax plan i have announced today will help people and businesses deal with rising costs. we ll help raise the future growth rate of this country, but we want the proceeds of growth shared

Tax cutEmployment allowanceA millionTax cutsInvestment allowanceBusiness rate1 7 billion7 billion1 millionThe governmentEmployment worthUnited kingdomTax planGrowth rate