§ Mr. Lyellasked thee Chancellor of the Exchequer what estimate he has made of the cost to the Exchequer of permitting glasshouses and other specialised agricultural buildings to be written off at 25 per cent. per annum reducing; and if he will make a statement.
§ Mr. MooreExpenditure on some very specialised agricultural buildings already qualifies for 25 per cent. writing down allowances. If this allowance was extended to expenditure on all glasshouses and agricultural buildings at present attracting the 4 per cent. allowance, we tentatively estimate the cost in the first full year as £30 million, rising to some £100 million in the early 1990s.