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Corporation Tax

Volume 482: debated on Tuesday 4 November 2008

To ask the Chancellor of the Exchequer what estimate he has made of the cost to the public purse of private employers off-setting expenditure on training and trainee wages against their corporation tax liability. (232400)

Employers are allowed to deduct expenditure on training and trainee wages in computing their taxable profits. Estimates of the impact on corporation tax receipts are not available.