Horticulture: Environment Protection — Written Question

Question

Sarah Dyke

Liberal Democrat — Glastonbury and Somerton

To ask the Chancellor of the Exchequer, whether her Department will review the Annual Investment Allowance threshold and take steps to improve the eligibility and uptake of capital allowances among horticultural businesses who are investing in the transit

Answer

Dan Tomlinson

The Annual Investment Allowance allows both incorporated and unincorporated businesses to deduct the entire cost of investment in both main and special rate assets in one go, up to £1 million per year, which covers the investment of 99% of businesses. In ...

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