Industry calls for permanent full expensing

Posted on 20 Nov 2023 by The Manufacturer

Britain’s manufacturers are urging the Chancellor to make full expensing permanent as the centrepiece of his Autumn Statement this week in order to provide a major boost to business investment.

The call was made by Make UK on the back of a survey showing that a majority of manufacturers would back the move which would help provide long term policy certainty and stability. Making the measure permanent would also encourage investment by manufacturers who largely have an average investment cycle of five years or more…

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