Super Deduction Capital Allowance

Have you heard of Super Deduction Capital Allowance? More importantly, are you making the most of this opportunity?

Super-deduction allows companies, that are subject to corporation tax, to cut their tax bill. This is done by claiming 130% capital allowances on qualifying expenditures. This allowance was introduced by the government for 2 years for capital spent from 1 April 2021 to 31 March 2023, to encourage business growth and investment after businesses took a hit financially during the pandemic.

Don’t worry if you were not aware of this tax benefit scheme : there is still time! The current scheme comes to an end on March 31st, 2023 , so you still have a chance to capitalise and earn tax back on your essential infection equipment purchase.

Qualifying Assets include Bedpan washers, washbasins, sinks, baths, showers, sanitary ware, and similar equipment.

Make the most out of this remaining period of availability. For every £100 spent on equipment before that date, a company can claim up to £130 in tax relief, which if you opt to purchase a new bedpan washer could see you claim back up to 24.7% of the total value *

For further instructions on how to claim take a look at the UK government page on Super-deduction.

Get in touch today & speak to a member of our friendly sales team who are ready to talk through your options with you, and can offer same-day quotes for your qualifying infection prevention equipment, so you don’t miss out before the deadline of Friday 31st March !

Right now, is no better time to ensure your home’s CQC compliance by investing in the latest, Net Zero, environmentally friendly and cost-effective range of Stanbridge’s washer disinfector range. Safeguard your residents and staff with the very best infection prevention control equipment available.

*approx. £988.00 of the price based on cs2 model