Government Investment Incentives

6th December 2022 Melanie Jenkins

From 1 April 2021 until 31 March 2023, companies investing in qualifying new plant and machinery assets will be able to claim:

The super-deduction will allow companies to cut their tax bill by up to 25p for every £1 they invest, ensuring the UK capital allowances regime is amongst the world’s most competitive.

The government has offered unprecedented support for businesses during Covid. Even so, pandemic-related economic shocks and the accompanying uncertainty have chilled business investment. This super-deduction will encourage firms to invest in productivity-enhancing plant and machinery assets that will help them grow, and to make those investments now.

See the Super-deduction factsheet (PDF, 151 KB, 3 pages) for more information

 

Latest blogs

What type of sewing machine does a sailmaker use to make sails?

7th February 2024 Melanie Jenkins

The kind of sewing machine a sailmaker uses very much depends on the type and size of sails they want to make or repair and the thread sizes they use. Space available in the workshop or loft and budget are also important factors.

Read more

Subscribe for the latest offers, product and trade show news.

Keep up to date with news and be the first to hear about new products, offers and exhibitions.