Feasibility expenditure: the Government's objective is to grow the economy and encourage productive investment. Generally, the tax system provides support for business investment by making expenditure whose economic value is expected to decline in value either immediately deductible or deductible over a time as appropriate. Businesses tell us that the big bugbear for businesses looking to innovate and grow is the tax treatment of feasibility expenditure. This is expenditure that is undertaken to determine the practicability of a new proposal. If deductions are denied for this expenditure, it can deter a firm from investing in that proposal. The tax treatment should not be a deciding factor. That's not what promotes growth. 