Save £££££ on corporation tax when you buy your new van or pick-up!
SAVE ££££££ ON CORPORATION TAX WHEN YOU BUY YOUR NEW VAN OR PICK-UP! Until 31 March 2023, businesses ploughing cash into 'qualifying' new plant and machinery will be able to claim something called the 'super deduction' on their tax bill. In short, the super deduction will enable companies to cut their tax bill by up to 25p for every £1 they invest.
So, on a £43,950 +VAT brand new truck this could mean a saving of £9,500 tax!
The Treasury have introduced this scheme in order to encourage firms to invest in productivity-enhancing plant and machinery assets that will help them grow, and importantly, to make those investments now. Learn more here. SEEKER UK have been following this announcement closely to see how these measures could help you to save corporation tax when you buy your new van or pick-up.
*Contact our sales team who will be able to take you through this highly effective money-saving scheme.
*PLEASE NOTE, Seeker UK are not tax experts and therefore cannot be held liable – please seek your own professional advice from a tax expert.