by Richard Cosgrove | Fri 25 Mar 2022
CPA reacts to the Chancellor’s Spring Statement
Following Chancellor Rishi Sunak’s Spring Statement yesterday, Kevin Minton, Chief Executive of the Construction Plant-hire Association (CPA) said: “Regrettably our calls for the super-deduction allowance (SDA) to be extended were not acted upon in the Chancellor’s Spring Statement. We are also disappointed that there has been no acknowledgment of the hardship, and no relief given, for companies in our sector adversely affected by the change from red diesel.
“The Chancellor recognised the need for business investment in the UK to rise, however, UK plc cannot wait for government action or plans in the Autumn Budget - we need to see that now.”