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Proceeding contribution from Stephen Timms (Labour) in the House of Commons on Tuesday, 26 June 2007. It occurred during Debate on bill on Finance Bill.


Finance Bill

The point that I would make to my hon. Friend and to the House is that the new annual investment allowance will be an effective incentive. Farming and other businesses in his constituency, as he will know better than I, will continue to invest. I hope that as a result of the arrangements they will invest more than they would otherwise invest. If they continue to invest and benefit from the new allowance, they may find that they are better off as a result of the package as a whole.


Secondary information

Type
Proceeding contribution
Reference
462 c243 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Conditions of employment Companies Agriculture Age Conservation Combined heat and power Annuities Buildings Capital allowances Housing Investment Energy Electricity generation Insurance companies Industry Grants Inheritance tax Personal income Pensions Property Pension funds Sales Small businesses Tax allowances Renewable energy Tax avoidance Taxation Technology Tax rates and bands Self-employed Solar power Carbon emissions Stamp duty land tax Alternatively secured pensions Managed service companies
Legislation
Finance Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk