UK Parliament / Open data

Finance Bill

Proceeding contribution from David Gauke (Conservative) in the House of Commons on Tuesday, 21 July 2015. It occurred during Debate on bills on Finance Bill.

I am happy to give that undertaking to the right hon. Gentleman. We have always been clear that the devolution of corporation tax was dependent on stability in the finances for Northern Ireland, and I believe we agree on that point. We want to be in a position to implement that policy and I know he is also keen to implement it, but it is dependent on proper progress being made, and I entirely agree with him on that point.

To provide certainty to business and encourage investment in plant and machinery, the Bill also sets the annual investment allowance at the permanent higher level of £200,000. Improving productivity also means prioritising investment in infrastructure.

Type
Proceeding contribution
Reference
598 c1392 
Session
2015-16
Chamber / Committee
House of Commons chamber
Legislation
Finance Bill 2015-16
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