17 December 2007
Business tax reform: capital allowance changes technical note
The Government announced a major package of reforms to the business tax system in Budget 2007 to enhance the international competitiveness of the UK, encourage investment, promote innovation and ensure fairness across the tax system. This technical note contains draft legislation on the key elements of the capital allowances changes in this package, reflecting comments received in response to the 'Business tax reform: capital allowances changes' consultation.
The technical note is available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
Media links
- Business tax reform: capital allowance changes technical note (PDF file 1.4MB)