CAPITAL ALLOWANCE SUPER-DEDUCTION: HOW IT CAN HELP YOUR BUSINESS
JULY 1, 2021
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.
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.