In the minutes of a meeting during her time as business secretary last June, seen by the Guardian, it said Ian Robertson, a board member at the vacuum cleaner and air-filter maker, lobbied Badenoch on the patent box tax benefit that had “worked very successfully but now that corporation tax has risen but the patent box has not losing [sic] its effectiveness”.
Badenoch’s department wrote to Treasury after Dyson lobbying over potential tax break Business department raised issue of patent box benefit after meeting that took place last June, documents show.
When James Dyson himself raised corporation tax with Badenoch, the document says he was “noting that the rises lead to a reduced ability for Dyson to invest further.
Kemi Badenoch instructed her department to write to the Treasury about a potential tax break after an intervention from Dyson, documents have revealed.
According to the note from the meeting, released under the Freedom of Information Act, Badenoch promised to look at the concerns and the department followed up with a note to the Treasury.
