Chancellor responds to OTS review on tax relief for fixed assets

The Chancellor has written to thank the OTS and respond to its review on simplifying tax relief for fixed assets.


Chancellor letter to OTS on accounting depreciation or capital allowances report

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Today the OTS has published a letter it has received from the Chancellor following its review on simplifying tax relief for fixed assets which explored the issues surrouding the option of replacing capital allowances with accounting depreciation, and was published on 15 June 2018.

Published 7 January 2019