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
Pete Wishart 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.
-
On 24 May 2021:
Pete Wishart voted to exclude large digital services companies from tax incentives for investment in plant or machinery.
Show vote
-
On 19 Apr 2021:
Pete Wishart voted to exclude large digital services companies from tax incentives for investing in plant and machinery and to make such incentives conditional on support for unions and paying a living wage.
Show vote
-
On 2 Jul 2014:
Pete Wishart 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:
Pete Wishart 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:
Pete Wishart 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:
Pete Wishart 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 2 Jul 2013:
Pete Wishart 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 15 Apr 2013:
Pete Wishart 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 25 Mar 2013:
Pete Wishart 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 26 Mar 2012:
Pete Wishart 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 5 Jul 2011:
Pete Wishart 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 Apr 2011:
Pete Wishart 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:
Pete Wishart 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 29 Mar 2011:
Pete Wishart voted against the March 2011 budget which outlined £710 billion of government spending for 2011-12 while only expecting to bring in £589bn; a corporation tax cut, an increase in the personal income tax free allowance and a presumption in favour of sustainable development.
Show vote
-
On 29 Mar 2011:
Pete Wishart voted against reducing the tax incentives for companies to invest in assets.
Show vote
-
On 8 Jun 2010:
Pete Wishart was absent for a vote on Queen's Speech — Programme for Government — Economy
Show vote
