Daniel Poulter

Former Labour MP for Central Suffolk and North Ipswich

@drdanpoulter

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

Daniel Poulter voted a mixture of for and against stronger tax incentives for companies to invest in assets

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