Alice-Mary Higgins (Independent)
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I am interested in the capital expenditure. Group relief was also inserted. We know group relief is what allows sets of companies to access reliefs in terms of other members of that group. Can the witnesses elaborate on what has been introduced in terms of group relief and what the implications of that would be? I understand 10% to 15% is the estimated reduction because of the capital expenditure write-offs on the amount of revenue that would have been raised. What is the amount of revenue that may be lost through group relief? All capital expenditure is allowed to be written off in full. Is consideration being given to putting a ceiling on this in order that, for example, we do not have more than 20% of payable revenue? That includes the 20% profit that has already been made. We should have some ceiling though that we do not end up in a situation whereby 50% or 60% of the solidarity contribution is discounted because of capital expenditure group relief.