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.
Fay Jones consistently voted for 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:
Fay Jones voted not to exclude large digital services companies from tax incentives for investment in plant or machinery.
On 19 Apr 2021:
Fay Jones 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.