HC Deb 27 November 1967 vol 755 cc34-5W
Earl of Dalkeith

asked the President of the Board of Trade whether he will publish in the OFFICIAL REPORT a list of the grants and allowances available for follows:

GRANTS AND ALLOWANCES AVAILABLE FOR UNDERTAKINGS INVESTING IN MACHINERY AND PLANT AND BUILDINGS FOR USE IN FORESTRY AND TIMBER PROCESSING
In Development Areas Outside Development Areas
Machinery and plant used at the stage of felling timber. 30 per cent. Initial allowance. Writing down allowances at appropriate rate. 30 per cent. Initial allowance. Writing down allowances at appropriate rate.
Eligible machinery and plant used in the course of a manufacturing process (e.g. sawing, planing, kilning of wood). 45 per cent. Investment grant. Writing down allowances at appropriate rate on net cost after grant. 25 per cent. Investment grant. Writing down allowances at appropriate rate on net cost after grant.
Industrial buildings 15 per cent. Initial allowance. Industrial buildings writing down allowance of 4 per cent. 15 per cent. Initial allowance. Industrial buildings writing down allowance of 4 per cent.
Forestry buildings and works Writing down allowance of 10 per cent. Writing down allowance of 10 per cent.

In addition, undertakings providing employment in development areas may qualify for building grants of up to 35 per cent., general purpose grants, and loans under the Local Employment Act, 1960. Assistance under the Local Employment Acts may be offered only on the recommendation of the Board of Trade Advisory Committee.