UK Government Announces Extension of Tax Break to Stimulate Investment in Manufacturing and Other Measures as Part of Tax Policy Update Statement
The UK government has announced an extension of the GBP 1 million annual investment allowance by one year to stimulate investment in UK manufacturing, and plans for future measures.
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Government extends £1 million tax break to stimulate investment in UK manufacturing
Annual Investment Allowance £1 million temporary cap will be extended until 1 January 2022.
- new measures to tackle promote…