The UK’s landmark tax ‘super deduction’ starts this month, but compared to the tax relief and incentives offered elsewhere in Europe, experts query how big a draw it is for foreign investors looking to ramp-up in the region.
The government’s move to kickstart an investment-led recovery comes after years of scrimping on capital allowances, and is not expected to lure foreign direct investment (FDI) away from the EU’s top investment destinations.
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