Oral question asked in the House of Commons, by Ken Purchase (Labour). It was answered by Sarah McCarthy-Fry (Labour) on Tuesday, 16 March 2010 on behalf of the Treasury.
Capital Allowances
- Question
- What recent representations he has received from businesses on the level of capital allowances.
- Answer
-
We receive representations from a number of public and private sector organisations as part of our policy development and delivery. More than 500,000 businesses that invest are able to claim tax relief on their qualifying investment expenditure under the capital allowances regime. In 2010-11, it is estimated that £62 billion of capital expenditure investment will be made and supported by these allowances.
Secondary information
- Type
- Oral question
- Reference
- 507 c717
- 322191
- Session
- 2009-10
- Oral question type
- Lead
- Chamber / Committee
- House of Commons chamber
- Subjects
- Capital allowances
- Link
- View this Oral question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-04-12 03:42:57 +0100
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- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1503158
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