Autumn statement 2012: Business reaction to tax change


The chancellor has increased ten fold, from £25,000 to £250,000 the allowance for new machinery firms can claim against tax.

BBC Wales economics correspondent Sarah Dickins explains what the chancellor's autumn statement means for business in Wales.

She spoke to Tomos Dafydd in the Wales Today studio.

Copyright © 2016 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.