Capital Assets

Use asset finance and claim for super tax deduction
Use Asset Finance and Claim for Super Tax Deduction | Business Investment Tax Relief

Use asset finance and claim for super tax deduction

The super tax deduction scheme was introduced on 1st April 2021 and is for companies purchasing capital assets that will be entitled to 130% tax relief on the first year. The scheme is designed to provide much quicker tax relief on investments up to the value of £1million. Putting that into context for every £1…

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