Policy paper
Potential Reforms to UK’s Capital Allowance Regime – Inviting views
A publication aiming to kickstart a conversation with businesses about how to reform the UK’s capital allowances regime has been published today, 9 May.
Documents
Details
The Spring Statement set out some illustrations of the types of changes government could make to the current capital allowances regime. The government is considering options ahead of Budget later this year, and as part of this is continuing to review the latest evidence, including the impact of the super-deduction and views of businesses.
This publication provides further detail on the types of changes, areas of interest, and how to respond, with responses requested by 1 July 2022