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A good time to press on with warehouse upgrades?

11 May 2021

In the Budget, the Government introduced the ‘super-deduction’ tax break to encourage companies to invest in capital equipment.

It is particularly worried about falling business investment due to the pandemic, with a reduction of 11.6% recorded between Q3 2019 and Q3 2020.

The tax break is designed to counter this – for expenditure incurred from 1 April 2021 until the end of March 2023, companies can claim 130% capital allowances (up from 100%) on qualifying plant and machinery investments. This means under the super-deduction, for every pound a company invests, their taxes are cut by up to 25p.

This could make it a good time to press on with warehouse upgrades.

Webinar

With that in mind, you may wish to check out Linde Material Handling UK’s Automated Solutions webinar - on 2 June 2021 at 10:30am

This will include: 

  • What’s happening in the marketplace;
  • Customer journey examples;
  • How to chose the right options for you;
  • And a multi-phase roadmap to rollout.

You can register for the even here: https://events.streamgo.live/The-future-is-here/register

 
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