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You may not be aware of the Super Deduction Tax Break for Capital allowance reductions on IT hardware investments.

Created by chancellor Rishi Sunak, from 1st April 2021 until March 2023 businesses investing in plant and machinery assets will be able to claim Capital Allowance. These assets include IT hardware.

Do you have aging it? The new plans could help drive your IT infrastructure transformation projects forward
Before march 2021 only 18% of deductions of an investment could be made against corporation tax
Under the new scheme your business may qualify for a 130% capital allowance reduction
All businesses Regardless of size can qualify dependent on tax status
To find out more about eligibility and which IT hardware asset investments qualify for the tax break, speak with IMS today.

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