Proceeding contribution from Mark Prisk (Conservative) in the House of Commons on Tuesday, 27 March 2007. It occurred during Budget debate on Budget Resolutions and Economic Situation.
Budget Resolutions and Economic Situation
The annual investment allowance changes mean that unless one invests £50,000, one receives no benefit. Therefore, the change in corporation tax will mean a lot of losers among small companies. Does the Secretary of State agree with Robert Peston, the BBC commentator, who has looked at the issue in some detail and shown that the vast majority of service businesses will be automatically excluded because they do not make the capital investments that the Government are trying to support?
Secondary information
- Type
- Proceeding contribution
- Reference
- 458 c1360
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Companies Business Investment Income tax Fiscal policy Economic situation Manufacturing industries Small businesses Regulation Trade Taxation Productivity Budget March 2007
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 12:39:34 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_388509
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_388509
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_388509