Source · Select Committees · Business and Trade Committee
Recommendation 2
2
Not Addressed
Paragraph: 18
We welcome the Chancellor’s announcement on full expensing for capital investment but highlight the short...
Conclusion
We welcome the Chancellor’s announcement on full expensing for capital investment but highlight the short period of time that this policy is available for businesses. Many businesses will make much longer-term investment decisions which could benefit from making this change permanent, providing long-term investment stability.
Government response summary AI-generated
The government discusses the R&D tax relief review and related changes, but does not address the committee's point about making full expensing for capital investment permanent to provide long-term investment stability.
Paragraph Reference:
18
Government Response
The government responded to this report on 7 September 2023. No passage in that response could be matched to this conclusion. Read the response document ↗