super deduction

The Super Deduction allows businesses to claim up to 130% capital allowance for qualifying new plant and machinery purchases…

helping your business...

helping your business...

Introduced during the height of the pandemic, the Super Deduction allows businesses to claim up to 130% capital allowance for qualifying new plant and machinery purchases.

The 130% first-year allowance only applies to new plant and machinery, not used or pre-owned.

This will allow companies to cut their tax bill by up to 25p for every £1 they invest. 

Only limited companies qualify which means only corporation tax savings can be made, not income tax for sole traders or partnerships and unlike the annual investment allowance, there are no expenditure limits.

Important: The scheme ends on 31 March, 2023. 

For more information on Super Deduction, please fill in the form below, email enquiries@maffinancegroup.co.uk or call 0115 9586872.

WORK OUT HOW MUCH YOU COULD SAVE...

get in touch...

If you need any help or would like to get a quote, fill in the form and a member of the team will contact you in the way you select.

The more information you provide, the better, but if you don’t know the the exact amount you’re eligible for – don’t worry, just fill in what you know.

If you want to talk to someone directly, call 0115 958 6872 or email enquiries@maffinancegroup.co.uk.