Stephen Doughty

MP, Cardiff South and Penarth

Profile photo: © Parliament (CC-BY 3.0)
Cardiff South and Penarth Labour/Co-operative

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

Stephen Doughty consistently 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 25 Mar 2013: Stephen Doughty 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: Stephen Doughty 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: Stephen Doughty 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: Stephen Doughty acted as teller for a vote on Finance Bill — Decline Second Reading Show vote
  • On 1 Apr 2014: Stephen Doughty acted as teller for a vote on Finance Bill — Second Reading Show vote
  • On 1 Apr 2014: Stephen Doughty acted as teller for a vote on Finance Bill — Carry-Over Show vote
  • On 2 Jul 2014: Stephen Doughty 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