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Select committee: Treasury Committee

Recommendation 8

Twelfth Report - Tax after coronavirus Published 1 Mar 2021 Paragraph 62 Addressed to HM Treasury

Treasury Committee Tax after coronavirus All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗

Recommendation (the committee's words)
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.

From: Treasury Committee, Twelfth Report - Tax after coronavirus (HC 664), paragraph 62, 1 March 2021

Government response

No government response linked yet: deadline 1 May 2021, 2010 days ago.