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Tax support needed to achieve carbon reduction, says FLA
Commenting on the Pre-Budget Report, FLA Director General, Stephen Sklaroff, said:
“The Chancellor is right to highlight the importance of low carbon investment, such as electric vans. But unless he acts through the tax system to support leasing of a wider range of energy efficient business equipment, he will not achieve his carbon reduction objectives.”
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Note to editors:
In 2008 FLA members financed £90 billion of new business. Almost £30 billion was provided to the business sector and UK public services, representing almost 28% of all fixed capital investment in the UK last year (excluding real property and own-account software).
For further media information, please contact:
Russell Hamblin-Boone, FLA
T: 020 7420 9656 E: russell.hamblin-boone@fla.org.uk M: 07810 374110
Helen Saxon, FLA
T: 020 7420 9664 E: helen.saxon@fla.org.uk M: 07918 766 993