Schedule 17 - Capital allowances: energy-saving plant and machinery
Finance Bill
5:30 pm
Mr John Burnett (Torridge and West Devon, Liberal Democrat)
I exhort the Economic Secretary to think again on this. The businesses that will be penalised by excluding leasing, hire purchase and all those arrangements are small businesses with a low cash flow. They could be significantly assisted if the Treasury took on board the various points that we have made. The established, well-heeled companies will not be prejudiced by the arrangements. They will be helped to some extent, but let us help the smaller man and the new businesses.
Question put and agreed to.
Schedule 17 agreed to.
Clause 66 ordered to stand part of the Bill.