Kate Hoey

MP, Vauxhall

Vauxhall Labour

Incentives for Companies to Invest in Assets

The tax incentive for companies to invest in assets (eg. new equipment) is determined by the "annual investment allowance" - the amount spent on investing assets in a year which companies (or self-employed individuals) can deduct from their profits prior to the calculation of corporation tax.

Photo: HM Treasury

Kate Hoey generally voted against stronger tax incentives for companies to invest in assets

TheyWorkForYou has automatically calculated this MP’s stance based on all of their votes on the topic. You can browse the source data on PublicWhip.org.uk.

All votes about stronger tax incentives for companies to invest in assets:

  • On 8 Jun 2010: Kate Hoey was absent for a vote on Queen's Speech — Programme for Government — Economy Show vote
  • On 29 Mar 2011: Kate Hoey was absent for a vote on March 2011 Budget Show vote
  • On 29 Mar 2011: Kate Hoey was absent for a vote on Budget Resolution — Capital Allowances — Tax Breaks for Investing in Machinery and Green Technology Show vote
  • On 26 Apr 2011: Kate Hoey voted against measures in the 2011 Budget including reducing the threashold for paying higher rate income tax, increasing the income tax free personal allowance, reducing corporation tax and reducing the main rate of corporation tax from 27 to 26%. Show vote
  • On 26 Apr 2011: Kate Hoey voted against measures in the 2011 Budget including reducing the threshold for paying higher rate income tax, increasing the income tax free personal allowance, reducing corporation tax and reducing the main rate of corporation tax from 27 to 26%. Show vote
  • On 5 Jul 2011: Kate Hoey voted against measures in the 2011 Budget including reducing the threshold for paying higher rate income tax, increasing the income tax free personal allowance, reducing corporation tax and reducing the main rate of corporation tax from 27 to 26%. Show vote
  • On 26 Mar 2012: Kate Hoey voted against the March 2012 budget which planned spending of £683bn against expected revenue of £592bn and also increased the income tax personal tax free allowance, reduced corporation tax, introduced a new top rate of Stamp Duty and introduced a tax to recover child benefit from households with an individual earning over £50K. Show vote
  • On 25 Mar 2013: Kate Hoey voted against the proposed budget for 2013-14 which proposed raising £612bn and spending £720bn; continuing to reduce corporation tax, introducing a scheme to help people buy homes worth up to £600,000 and to increase the personal income tax allowance for those of working age. Show vote
  • On 15 Apr 2013: Kate Hoey voted against introducing a general anti-abuse rule to tackle abusive tax avoidance, to raise the basic income tax free allowance, and to support other tax changes proposed in the Finance Bill. Show vote
  • On 2 Jul 2013: Kate Hoey voted against introducing a general anti-abuse rule to tackle abusive tax avoidance, to raise the basic income tax free allowance, and to support other tax changes proposed in the Finance Bill. Show vote
  • On 1 Apr 2014: Kate Hoey voted against increasing the personal income tax allowance, against reducing corporation tax, and against giving a greater tax incentive to companies investing in assets, as well against other measures in the Finance Bill. Show vote
  • On 1 Apr 2014: Kate Hoey voted against increasing the personal income tax allowance, against reducing corporation tax, and against giving a greater tax incentive to companies investing in assets, as well against other measures in the Finance Bill. Show vote
  • On 1 Apr 2014: Kate Hoey was absent for a vote on Finance Bill — Carry-Over Show vote
  • On 2 Jul 2014: Kate Hoey voted against increasing the personal income tax allowance, against reducing corporation tax, and against giving a greater tax incentive to companies investing in assets, as well against other measures in the Finance Bill. Show vote

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For an explanation of the vote descriptions please see the FAQ entries on vote descriptions and how the voting record is decided