130% Super Deduction

ATTENTION DIRECTORS OF LIMITED COMPANIES

From 1/4/2021 – 31/03/2023

(2 years only) – act quickly!

130% Super Deduction

Conditions

- You must be a Limited company

- Has to be a new and unused asset

- There is no spend limit

Example:

Van = £20,000

Capital allowances 130% = £26,000  

@19%

Tax saved 4,940

Normally (3,800)

Uplift £1,140

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