Director The Super Deduction

Tony Dhanjal

The Super Deduction

This Article Contains

The Super Deduction

If you are interested in lowering your corporation tax bill by up to 25%, then the new Super Deduction (introduced in the Budget 2021) is something that you may benefit from. The super-deduction offers 130% first-year relief on qualifying main rate plant and machinery investments until the 31st March 2023. So to put things simply, it can save your company 25p in corporation tax, for every £1 invested

 

Ready to know your numbers?

Get access to exclusive courses, resources & videos on our FREE membership site.

The Super Deduction Factsheet

The super deduction factsheet published by HM Treasury succinctly bullet points their reasons for introducing the super deduction. In the main it’s been brought into incentivise businesses like yours to invest and spend, as so there can be as stimulus in the economy after the covid-19 pandemic. 

You can download a copy of the handout absolutely free

Below you can watch a video, explaining what the Super Deduction is, who it is aimed at, and the benefits it offers.See more.

As a Qualified Accountant, I have been supporting and serving SME's, freelancer and entrepreneurs over 25 years. I am passionate about helping and empowering you to KNOW YOUR NUMBERS so you can manage and grow your business or personal finances to success.

Here’s what our clients say

Browse by category:

Categories

You might also like…

photo png

I hope this blog post empowers you...

...do you want higher quality accounting and tax content? Stuff that can really help you save £000's in tax, legally? Head over to our Academy where you can get access to all this ...

Grow & Give Back

We believe in growth and giving back to our community. A percentage of every penny we make goes straight to our charitable partner Nishkam SWAT, serving the homeless in London

Aidhan & Partners is a trading style of a joint venture between Aidhan (Financial Services Ltd), a limited company registered in England under company number 04953002 and Simply Accountants Ltd, a limited company registered in England under company number 08535253.  Our registered office is: Aidhan, 8 Devonshire Square, London EC2M 4PL
Disclaimer – all our content is for general guidance only and does not constitute formal advice. We always recommend you take professional advice.