§ Mr. WatersonTo ask the Chancellor of the Exchequer what representations he has received about the available funding for the Enhanced Capital Allowances Scheme. [7663]
§ Dawn PrimaroloThe scheme for enhanced capital allowances for energy-saving investments is a tax relief for businesses that invest in designated energy-saving technologies. It is not a scheme that relies on a fund that is ring-fenced. The scheme enables businesses to write off immediately the whole of their qualifying spending against their taxable profits and thereby receive the benefit of a useful cash-flow boost.