Written Question·Treasury·UIN 18497

Corporation Tax: Tax Allowances

Tabled: 9 December 2024
Answered: 12 December 2024
Named Day

Question

Liam Byrne

LabourBirmingham Hodge Hill and Solihull North

To ask the Chancellor of the Exchequer, if she will make an assessment of which corporate tax reliefs have the largest positive impact on economic growth, ranked by scale of impact.

Answer

James Murray
The government has committed to maintaining a range of generous investment incentives, including full expensing, R&D reliefs, and the Audio Visual Expenditure Credit. While the government does not maintain a ranking of economic impact, we seek to regu...

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