The Super-Deduction Scheme gives you 130% Capital Allowance and Reduction in Corporation Tax

Corporation Tax reduction when you buy a NEW ergonomic Chair, Sit-Stand Desk, Computer Equipment. Will you be missing this saving opportunity?

It was announced in March 2021 UK Budget that from 1st April 2021, your NEW Office Chair, Desks, and Computer Equipment alongside many other investments will qualify for the Super-Deduction.

You can claim a 130% Capital Allowance. Every £1 a company invests, their taxes are cut by up to 25p on qualifying investments.

Plant and Machinery classification:
Office chairs and desks
Computer equipment and servers
Solar panels
Tractors, lorries, vans
Ladders, drills, cranes
Electric vehicle charge points
Refrigeration units
Foundry equipment

Do many people know about this? Also, the gap in understanding of the term ‘Plant and Machinery’, means people can easily miss on the investment opportunities, hence the post.

So shall we give you a quote for your new chairs, desks, etc…now you know that you can save on the CT?

Does your business qualify for the super-deduction and do you know a business/individual who can benefit from this, just tag them in the post?