Brendan Griffin
Question:293. Deputy Brendan Griffin asked the Minister for Finance if he will address a matter (details supplied) regarding the capital allowance depreciation; and if he will make a statement on the matter. [51740/22]
View answerTuesday, 18 October 2022
Questions (293)
Written answers
On Budget Day I announced my proposal for accelerated capital allowances for the construction of slurry storage facilities. The proposed measure would allow for 50% of eligible expenditure to be claimed over two years rather than the current eight.
The Government intends to legislate for this measure in the forthcoming Finance Bill. The points made in the details supplied with the Deputy's question have been noted.