What is the 130% Super-Deduction Capital Allowances
The 2021 Budget announced a new and extremely generous first year allowance for Main Pool Plant at 130% and also a 50% First Year Allowances for Special Rate Plant.These will be temporary increases in tax relief for companies who invest in certain types of new plant and machinery between 1 April 2021 and 31 March 2023.Although a generous give back....
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