Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Balletic nuances

14 June 2011 / Allison Plager
Issue: 4308 / Categories: Comment & Analysis
ALLISON PLAGER reports on the Public Bill Committee’s debates on the Finance (No 3) Bill


  • Annual investment allowance reduction.
  • Over-complex disguised remuneration legislation.
  • Sparing innocent donations.
  • Targeting employer-supported childcare.
  • Amendment to the rules for MPs’ accommodation expenses.

The third sitting of the Public Bill Committee began its debate with clause 11 ‘annual investment allowance’ (AIA) which reduces the amount of the allowance from £100 000 to £25 000. David Hanson (Labour) proposed an amendment that the new limit be £50 000 (as it was when first introduced in 2008).

The allowance lets the cost of plant and machinery be offset against corporation tax or income tax. In essence he was not convinced of the logic for reducing the limit to £25 000 when the economy continued to present difficulties for manufacturing businesses.


If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon