The super-deduction allowance has arguably been one of the most attractive tax incentives for business investment offered by a British government for a long time, if not ever.
From 1 April 2021 to 31st March 2023, companies have been able to claim back up to 25p for every pound invested in ‘qualifying’ machinery and equipment, and that deadline is soon approaching.
The super-deduction tax break was brought in to spur business investment, boost the UK’s post-pandemic economy, and improve the country’s productivity levels.
Have you been thinking about investing in some new plant and machinery assets for your business? Our finance plans are built to support you and your business by helping release corporate capital and making the next step in growing your business assets portfolio.
But be quick, because there’s not long left! You can claim this offer on our qualifying new plant and machinery assets with our asset finance service. You can read more on the government website here, and if you’re still interested, get in touch with us via our website or call 0330 118 5030 to find out you can make the most of the UK Super-Deduction whilst it lasts!