Did you know the Super Deduction Scheme Ends on 31 March 2023?
The good news is there is still time to take advantage of this opportunity to grow your business with the Super Deduction allowance before the incentive runs out.
The Super-Deduction allowance for companies is ending on 31 March 2023, so now is an ideal time to invest and benefit from enhanced plant and machinery allowances.
With 130% first-year relief available on qualifying new plant machinery and 50% first-year allowance on integral features, you have plenty of ways to gain substantial savings through this Government incentive. Main-rate assets that usually qualify for an 18% Writing Down Allowance get 130%, while those qualifying for 6% receive 50%.
To find out if Super Deduction is right for your company email Emily at info@ammu.uk