Written question asked by Ian Pearson (Labour) on Tuesday, 21 November 2000, in the House of Commons. It was due for an answer on Tuesday, 28 November 2000. It was answered by Baroness Primarolo (Labour) on Tuesday, 28 November 2000 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, if he will review the classification of computerised printing presses for capital allowance purposes.

Answer: Mr. Pearson: To ask the Chancellor of the Exchequer if he will review the classification of computerised printing presses for capital allowance purposes. [140299] Dawn Primarolo: The rate at which capital allowances are given on an item of machinery or plant depends on whether the equipment can reasonably be expected when new to have a working life of less than 25 years. This will turn on the facts and circumstances of the individual case.

Secondary information