Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many businesses received support under the Government’s Enhanced Capital Allowance Scheme, which ended on 1 February 2021.

In 2018-19 (the latest year available), approximately 4,700 companies claimed enhanced capital allowances for energy saving equipment and environmentally beneficial equipment.

Although any claims for these allowances can be identified within the current version of the company tax return, the level of such claims in all tax returns is likely to be affected by the Annual Investment Allowance which businesses may claim to obtain tax relief for these types of investments. This is another type of 100 percent capital allowance but which is subject to a cap which has been temporarily set at £1 million since 2019.