Expenditure incurred on assets leased by small or medium-sized enterprise

Part of Finance Bill – in a Public Bill Committee at 11:00 am on 24th June 2004.

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Photo of Mr Howard Flight Mr Howard Flight Shadow Chief Secretary To the Treasury, Economic Affairs, Shadow Chief Secretary to the Treasury 11:00 am, 24th June 2004

I am glad that the Government are looking at addressing the underlying issue by other means, and I take on board the point that there is no guarantee that the leasing benefits would be passed on, although commercial forces argue in that direction. I beg to ask leave to withdraw the motion.

Motion and clause, by leave, withdrawn.