David Mowat – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by David Mowat on 2014-04-10.

To ask Mr Chancellor of the Exchequer, what plans he has to reform the Business Premises Renovation Allowance following HM Revenue and Customs’ recent consultation.

Mr David Gauke

The Government has introduced legislation in Finance Bill 2014 to clarify the scope of Business Premises Renovation Allowance. The aim is to address exploitation of the allowance, whilst preserving it as an investment incentive and ensuring continued value for money for tax payers.