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Mr Butler used focused incentives and tax reliefs to boost the level of investment in the early 1950's. This was achieved with the incentives including the promise of cuts in the excess profits levy in the April budget in 1953, which would increase future profits on investment. In 1954 Mr Butler brought another of his investment encouraging reliefs in with what the economist acclaimed as the ingenious device of the new "investment allowance" ...
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This was achieved with the incentives including the promise of cuts in the excess profits levy in the April budget in 1953, which would increase future profits on investment. In 1954 Mr Butler brought another of his investment encouraging reliefs in with what the economist acclaimed as the ingenious device of the new "investment allowance" ...
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