Super Tax Deduction – Super Productivity!
Take advantage of the UK governments new Super Tax Deduction Scheme by investing in a NIKKEN solution today and receive 25p for every £1 invested in machinery.
With the tax scheme available until March 2023, investing in a solution now means you have even longer to claim the advantages of a NIKKEN solution, including reduced scrap and enhanced productivity.
Since the incentive was introduced, capital purchases in the machining industry are soaring daily as companies are taking the opportunity to save on their tax bill whilst gaining long term investment benefits.
NIKKEN are already seeing the success of this scheme, having recently landed a huge order from an industry-leading optical manufacturer who invested in 17 x 5axis Direct Drive tables.
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Introduced as part of the March Budget, the Super-Deduction tax incentive allows companies considering the purchase of a new plant/machinery asset to claim:
- A 130% super-deduction capital allowance.
- A 50% first-year allowance for qualifying special rate assets.
- A cut to their tax bill by up to 25p for every £1 they invest in machinery.
The Super-Deduction incentive will be available from the 1st of April 2021 until the 31st of March 2023.
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If you would like to discuss how NIKKEN can help boost your performance and capabilities or advice on any of our innovative solutions, please do not hesitate to contact us on 01709 366306, email: email@example.com or enquire now.