Source · Select Committees · Business and Trade Committee

Ninth Report - UK plc

Business and Trade Committee HC 1120 Published 24 March 2023

Report Status

Government responded

Conclusions & Recommendations

14 items (5 recs)

Source

View on Parliament website ↗

Government Response

AI assessment · 14 of 14 classified

Accepted 8

Acknowledged 4

Deferred 1

Not Addressed 1

Government response

Third Special Report - UK plc: Government response to the BEIS Committee’s Ninth Report of Session 2022–23 · published 7 Sep 2023

Read the government response ↗ Response on the Index

Recommendations & Conclusions

1 item

2 Conclusion Not Addressed

Para 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 … Read more

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.

Department for Business and Trade

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