HC Deb 24 October 1983 vol 47 cc16-7W
Mr. Body

asked the Chancellor of the Exchequer what was the value of gross fixed capital formation for agriculture in respect of which depreciation allowances were given for the most recent twelve months period.

Mr. John Moore

The value of depreciation allowances given for agriculture in 1982 is estimated to be £930 million. These allowances arise from expenditure on gross fixed capital formation in a number of earlier years depending on whether the expenditure attracted initial, first year on writing-down allowances.

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