Monday March 22nd, 2021
Improve your productivity and increase your ROI, from 1st April 2021
In the latest budget, a new incentive was announced to stimulate greater cost- and operational-efficiency in R&D and manufacturing. The ‘Super-Deduction’ scheme effectively reduces the purchase price of your new equipment (through additional corporation tax relief), meaning that there has never been a better time to expand your department’s capabilities. Find out more >>>
From artisan to multi-national businesses, this scheme makes investing in new equipment more cost-effective than ever before:
- A company making a profit will be able to reduce their corporation tax bill considerably more than previous years, if they invest in new plant and machinery.
- The initiative allows companies to cut their tax bill by up to 25p for every pound they invest.
- Effectively, the cost of equipment purchase is being reduced by the extra tax relief.
Download our brochures of eligible solutions: