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Capital Allowance Super-Deduction: How it can help your business

July 1, 2021

Capital Allowance Super-Deduction: How it can help your business

LET’S GET YOU MOVING AGAIN

Introducing the Capital Allowance Super-Deduction

From April 1st 2021 to March 31st 2023, the UK government is offering the Capital Allowance Super-Deduction, a new tax relief to stimulate business investment in the UK.

What is the Capital Allowance Super-Deduction?

This relief comes in the form of a 130% capital allowance super-deduction letting companies, like yours, cut their tax bill by up to 25p for every £1 invested in certain assets. 

What can I claim the super-deduction back on?

This super-deduction tax relief can be applied to fleets investing in new light commercial vehicles including vans and pick-ups, such as the Ford Transit Connect and the Ford Ranger

What is the limit to the Super-Deduction?

There is no expenditure cap on the amount of relief you can claim.

(All detail taken from the Gov.uk web site)

Freshen up your fleet

The super-deduction provides the perfect opportunity to breathe new life into any fleet. Why not explore the Ford range of commercial vehicles and see if any would benefit your business?

<< https://www.ford.co.uk/commercial-vehicles >>

Or find out more about maximising your fleet’s potential with Ford Fleet Management.

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