Save 25% on your next machine  

 

 

For expenditure incurred from 1 April 2021 until the end of March 2023, companies can claim 130% capital allowances on qualifying plant and machinery investments.

Now is the time to invest

Under the super-deduction, for every pound a company invests, their taxes are cut by up to 25p.

A Tax Saving That Works For YOU

This change makes the UK’s capital allowance regime more internationally competitive, lifting the net present value of plant and machinery allowances from 30th in the OECD
to 1st.

New Capital Allowances Offer

 

 

The super-deduction offers 130% first-year relief on qualifying main rate plant
and machinery investments until 31 March 2023 for companies.

Why is the government introducing a super-deduction?

• Since the Covid-19 pandemic, existing low levels of business investment have fallen, with a reduction of 11.6% between Q3 2019 and Q3 2020.
• Much of the UK’s productivity gap with competitors is attributable to our historically low levels of business investment compared to our peers. Weak business investment has
played a significant role in the slowdown of productivity growth since 2008.
• Making capital allowances more generous works to stimulate business investment. As a result, these measures can promote economic growth and counter business cycles.
• The super-deduction will give companies a strong incentive to make additional investments, and to bring planned investments forward.

PMM at Interplas

PMM at Interplas

The Interplas show is open and the PMM team are ready to meet you on stand E4. Come and talk to us about how we can help create your advantage, let us explain about our cost analysis package. We look forward to meeting you.

PMM at Interplas

The Interplas show is open and the PMM team are ready to meet you on stand E4. Come and talk to us about how we can help create your advantage, let us explain about our cost analysis package. We look forward to meeting you.

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Contact

Premier Moulding Machinery Ltd
Ladymead Business Park
Quainton
Aylesbury
Bucks
HP22 4AN

 

Sales : 01296 655555
Service : 01296 653037

Send your enquiry today
sales@haitian.co.uk

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PMM at Interplas

PMM at Interplas

The Interplas show is open and the PMM team are ready to meet you on stand E4. Come and talk to us...