Capital Allowances on Machinery — the UK Experience

Abstract

The new system of capital allowances on machinery and plant, introduced in 1971, has not had the criticism it deserves. The authors here explain why they think its introduction has caused a sharp decline in profitability of hiring plant in the UK.

Citation

Wheeler, D.A. and Harris, F.C. (1983), "Capital Allowances on Machinery — the UK Experience", Industrial Management & Data Systems, Vol. 83 No. 1/2, pp. 23-25. https://doi.org/10.1108/eb057299