Source · Select Committees · Treasury Committee
Recommendation 8
8
The Annual Investment Allowance is valued by business and it appears well targeted to promote...
Recommendation
The Annual Investment Allowance is valued by business and it appears well targeted to promote growth in small and medium-sized enterprises. As with all tax reliefs there is likely to be some deadweight cost; but we urge the Government to look favourably on further extension and possibly permanency at the existing level, which would provide welcome certainty to small and medium-sized enterprises. (Paragraph 62) Windfall and wealth taxes