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Written question asked by Baroness Miller of Chilthorne Domer (Liberal Democrat), in the House of Lords. It was answered by Lord Davies of Oldham (Labour) on Thursday, 22 March 2007.


Energy: Biofuels

Question
asked Her Majesty's Government:How much tax has so far been written off under enhanced capital allowances for capital expenditure to fund plant and machinery in the biofuels industry.
Answer

Enhanced capital allowances (ECAs) provide a tax-timing benefit rather than a write-off of tax. Information on the value of ECA claims by an individual industry is not available.


Secondary information

Type
Written question
Reference
2604; 690 c216WA
Session
2006-07
Subjects
Biofuels Capital allowances Equipment Production
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk