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Taxation

Volume 717: debated on Tuesday 2 February 2010

Questions

Asked by

To ask Her Majesty's Government whether they will provide a breakdown by industry and business size of the benefits that accrue to companies as a result of general plant and machinery capital allowances. [HL1351]

To ask Her Majesty's Government whether they will provide a breakdown by industry and business size of the benefits that accrue to companies as a result of long-life plant and machinery capital allowances. [HL1352]

To ask Her Majesty's Government whether they will provide a breakdown by industry and business size of the benefits that accrue to companies as a result of integral fixtures capital allowances. [HL1353]

To ask Her Majesty's Government whether they will provide a breakdown by industry and business size of the benefits that accrue to companies as a result of annual investment allowances. [HL1354]

To ask Her Majesty's Government whether they will provide a breakdown by industry and business size of the cost to companies of the main rate of corporation tax. [HL1355]

To ask Her Majesty's Government whether they will provide a breakdown by industry and business size of the cost to companies of the small companies' rate of corporation tax. [HL1356]

Available information, in respect of companies’ rates of payment of corporation tax, and capital allowance claims, can be found in Tables T11.3 and T11.10 respectively on HMRC’s website at the following address: http://www.hmrc.gov.uk/stats/corporate_tax/menu.htm Table T11.10 covers the available asset split of capital allowances for the years 2003 to 2007 and pre-dates the introduction of the annual investment allowance. National Statistics showing the first annual investment allowance on expenditure incurred after 1 April 2008 will be published in October 2010.