Gavin Williamson

The Secretary of State for Defence

Profile photo: © Parliament (CC-BY 3.0)
South Staffordshire Conservative

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

Gavin Williamson voted a mixture of for and 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: Gavin Williamson voted to support the economic measures contained in the Liberal - Conservative Coalition's programme for government Show vote
  • On 29 Mar 2011: Gavin Williamson voted in favour of 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: Gavin Williamson voted to reduce the tax incentives for companies to invest in assets. Show vote
  • On 26 Apr 2011: Gavin Williamson voted in favour of the 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: Gavin Williamson voted in favour of the 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: Gavin Williamson voted in favour of the 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: Gavin Williamson voted in favour of 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: Gavin Williamson voted to set a budget for 2013-14 involving 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: Gavin Williamson voted to introduce 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: Gavin Williamson voted to introduce 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: Gavin Williamson voted to increase the personal income tax allowance, to reduce corporation tax, and to give a greater tax incentive to companies investing in assets, as well as to support other measures in the Finance Bill. Show vote
  • On 1 Apr 2014: Gavin Williamson voted to increase the personal income tax allowance, to reduce corporation tax, and to give a greater tax incentive to companies investing in assets, as well as to support other measures in the Finance Bill. Show vote
  • On 1 Apr 2014: Gavin Williamson voted to increase the personal income tax allowance, to reduce corporation tax, and to give a greater tax incentive to companies investing in assets, as well as to support other measures in the Finance Bill. Show vote
  • On 2 Jul 2014: Gavin Williamson was absent for a vote on Finance Bill 2013-14 to 2014-15 — Third Reading 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