Interview with Rachel Reeves Shadow Chancellor

The video discusses the government's plan to freeze business rates and extend small business rate relief by increasing the digital services tax. Labour proposes abolishing business rates and replacing them with a fairer property tax system. The focus is on easing the tax burden on high street and small businesses, while ensuring digital companies pay their fair share. The video concludes with a summary of these points.

What is the government's plan to support small businesses in terms of business rates?

• Reduce business rates for digital companies

• Abolish business rates entirely

• Freeze business rates and extend small business rates relief

• Increase business rates for all businesses

How does the government plan to fund the freezing of business rates?

• By cutting public services

• By increasing the digital services tax

• By borrowing more money

• By reducing corporate tax rates

What is Labour's approach to business property taxation?

• Maintain the current system

• Abolish business rates and introduce a fairer system

• Increase business rates for all

• Reduce taxes for large corporations

What issue does Labour aim to address with their taxation proposal?

• High Street businesses paying less tax than out-of-town warehouses

• Digital companies paying more tax than small businesses

• Out-of-town warehouses paying more tax than High Street businesses

• High Street businesses bearing a disproportionate tax burden

How could the global minimum rate of corporation tax benefit small businesses?

• By increasing their tax burden

• By easing the burden of business rates on them

• By eliminating their tax obligations

• By reducing their operational costs