Source · Select Committees · Business and Trade Committee
Ninth Report - UK plc
Business and Trade Committee
HC 1120
Published 24 March 2023
Conclusions (1)
2
Conclusion
Not Addressed
Para 18
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
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.