Written question asked by Ken Purchase (Labour) on Wednesday, 10 March 2010, in the House of Commons. It was due for an answer on Friday, 12 March 2010. It was answered by Sarah McCarthy-Fry (Labour) on Wednesday, 17 March 2010 on behalf of the Treasury.
Business: Government Assistance
- Question
- To ask the Chancellor of the Exchequer what estimate he has made of the monetary value of capital allowances to UK industry in the latest year for which figures are available.
- Answer
-
The value to UK industry of capital allowances arises from the tax relief given against profits from specific capital allowances on investment. As set out in the 2009 pre-Budget report, the latest estimate of the value of the relief is £21,100 million for 2009-10:"http://www.hm-treasury.gov.uk/d/pbr09_taxreadyreckoner.pdf"
Secondary information
- Type
- Written question
- Reference
- 507 c884W; 322262
- Session
- 2009-10
- Subjects
- Capital allowances
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-25 08:15:13 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1503160
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- In Solr
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