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130% Super-Deduction Scheme: How Does Work?

Posted: 9th Aug 2021 by Hunter Gee Holroyd Business Advice General, Taxation

The super-deduction £25bn tax break, announced earlier in the year by the Government, is intended to spur investment by providing 25p off company tax bills for every pound of qualifying spending on plant and machinery. What is it? Companies purchasing new and unused qualifying plant and machinery now qualify for a Super Deduction of 130%… Read more