ARTICLE · 19 SEPTEMBER 2012

Tax Update - 17 September 2012

Smith & Williamson

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On 10 September the Chief Secretary to the Treasury the Right Honourable Danny Alexander MP, delivered a speech on financing capital infrastructure at the London Stock Exchange Centre forum.

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Smith & Williamson

1. General news

1.1. Autumn Statement

The Chancellor will make his Autumn Statement on Wednesday 5 December 2012 at 12.30pm.

1.2. Financing capital infrastructure - speech by the Chief Secretary to the Treasury

On 10 September the Chief Secretary to the Treasury the Right Honourable Danny Alexander MP, delivered a speech on financing capital infrastructure at the London Stock Exchange Centre forum. While there was acknowledgement of the receipt of many representations on this area and comment on progress on various infrastructure projects, there was no indication that capital allowances were being considered for extension to infrastructure projects that do not otherwise qualify.

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