SUPER DEDUCTION – Here to kickstart or upgrade your CNC machinery
- 130% super-deduction capital allowance on qualifying plant and machinery investments
- 50% first-year allowance for qualifying special rate assets
This could be of significant benefit to your company if you’re looking to invest in new CNC machines and wanting to reduce your corporation tax bill.
For full information on this Government incentive visit: www.gov.uk/guidance/super-deduction