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.
9000 Linked in followers
We are delighted that as our success in the UK has grown, so has the number of our linkedin followers. We hit 9000 today and are proud that our success and information is of interest to so many. Haitian began its distribution in the UK back in 2005, and so as we...
9000 Linked in followers
We are delighted that as our success in the UK has grown, so has the number of our linkedin followers. We hit 9000 today and are proud that our success and information is of interest to so many. Haitian began its distribution in the UK back in 2005, and so as we...
Haitian China visit new Technical Centre
Our friends and colleagues visit our new Technical Centre in Aylesbury, From left to right Veronica Edmunds, Paul Hulin, Paul Southam. Mr Sun Yiming, Carl Reeve, Alexis Shen and Frank Wang. We've created a space that's both informative and engaging, so you can get...
Haitian UK opens new showroom
At our new showroom, you'll find the latest models from Haitian injection moulding machinery. We've created a space that's both informative and engaging, so you can get the information you need to make the best decision for your business. Our showroom features...
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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Latest News
9000 Linked in followers
We are delighted that as our success in the UK has grown, so has the number of our linkedin...
Haitian China visit new Technical Centre
Our friends and colleagues visit our new Technical Centre in Aylesbury, From left to right...