1.   But the doubling of capital allowances for small-and medium-sized businesses is welcomed by all sides of the industry.

2.   The cut in car tax and the increase in capital allowances will also help to boost confidence.

3.   The increase in capital allowances is very welcome.

4.   Another feature of the tax system is the capital allowances that can offset any liability.

5.   The system of capital allowances is the system of depreciation permitted by the Inland Revenue in arriving at taxable earnings.