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The Chronicles of Rishi
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24-01-2024, 13:54
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Sephiroth
Wisdom & truth
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Re: The Chronicles of Rishi
Quote:
Originally Posted by
Hugh
The U.K. already has permanent full expensing (100% tax deduction) for all qualifying plant and machinery investments - this has increased total business investment by £14 billion over the forecast period or £3 billion a year (1.2 per cent on average)…
https://obr.uk/box/the-impact-of-cor...20March%202023
.
You may (or may not) find this research of interest…
https://www.ippr.org/articles/cuttin...ing-investment
tl:dr -
it’s not that simple
Just as well that I did not add "simples" to my post!
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