Government Review of Capital Allowances System
17 June 2022
In the Spring Statement, the Chancellor announced a review of the capital allowances system in advance of the Autumn Budget.
Yesterday the Treasury published a call for input to the review.
In addition to the options set out in the Spring statement, the Call is specifically requesting evidence on issues such as:
- How firms make investment decisions, the relative importance of capital allowances in those decisions, and how they are taken into account.
- Views on how the super-deduction has affected the investment decisions of businesses.
- What more the capital allowances regime can do to support business investment.
If members wish to send any views or are making their own submissions, please send to us for incorporation into a BEAMA submission.
