questionText: To ask the Secretary of State for Business and Trade, whether his Department plans to review the (a) definition of micro-entity and (b) level of support available to mico-entities.
answerText: The Government uplifted the monetary thresholds for determining a company is a micro-entity, for the purposes of audit and accounts by 50% in legislation that came into force in April this year. The Department does not plan to revisit this definition.As p...
heading: Small Businesses