Written question asked by Rebecca Long Bailey (Labour) on Wednesday, 20 April 2016, in the House of Commons. It was due for an answer on Monday, 25 April 2016. It was answered by Greg Hands (Conservative) on Wednesday, 27 April 2016 on behalf of the Treasury.
Technology: Capital Allowances
- Question
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To ask Mr Chancellor of the Exchequer, with reference to page 36 of his Department's paper, Budget 2016: Policy Costings, published in March 2016, what the source is of the £5 million increase in revenues from updating technologies with access to enhanced capital allowance for 2017-18 to 2020-21.
- Answer
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The £5 million in revenue is based upon changes to qualifying equipment in the updated Energy Technology List and Water Technology List, as certified by the Office for Budget Responsibility.
The Department for Energy and Climate Change and the Department for Environment, Food & Rural Affairs annually review the technologies and products that qualify for inclusion.
Secondary information
- Type
- Written question
- Reference
- 34799
- Session
- 2015-16
- Subjects
- Capital allowances Technology Budget March 2016
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-06-28 22:22:43 +0100
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