Supertax is a new government incentive that enables a first-year 130% capital allowance for qualifying plant and machinery assets; and a 50% first year allowance for qualifying special rate assets.
Running from 1st April 2021 until 31st of March 2023, the super-deduction allows companies to cut their tax bill by up to 25p for every £1 they invest.
Businesses have naturally taken a hit during Covid, and so this government incentive has been introduced specifically to encourage firms to invest in productivity-enhancing plant and machinery assets that will help them grow.
Direct Computers can help your business, as one of the sectors that qualifies for the super-deduction is computers servers and equipment. By purchasing from us, you make make use of the new super-deduction incentive. We wrote a blog about it with more information here. You can also find information on the official government website about the super-deduction, including a factsheet, here.
Get in touch with us today, either via emailing email@example.com or giving us a call on 0114 296 00 35 about the supertax deduction today.