Tom Pursglove

Former Conservative MP for Corby

@votepursglove https://facebook.com/TomPursgloveOfficial

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

Tom Pursglove consistently voted for stronger tax incentives for companies to invest in assets

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Major votes

  • On 24 May 2021: Tom Pursglove voted not to exclude large digital services companies from tax incentives for investment in plant or machinery. Show vote
  • On 19 Apr 2021: Tom Pursglove voted not to exclude large digital services companies from tax incentives for investing in plant and machinery and not to make such incentives conditional on support for unions and paying a living wage. Show vote

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