0345 217 8755 sales@bluegroup.co.uk MAKE AN ENQUIRY Take advantage of the Super Deduction with Blue! Back to all News Articles 12th March 2021 0 comments Take advantage of the Super Deduction with Blue! News FeaturedBlue Group Overview During last week’s 2021 budget update Rishi Sunak announced ‘The Super Deduction’, which allows businesses to claim 130% of their new capital equipment investments as a tax relief. The new scheme comes into effect as of the 1st April 2021 and will run until 31st March 2023. This is a fantastic incentive for businesses to invest in new machinery, helping to drive the recovery of our economy following the COVID 19 pandemic. Businesses will be able to claim the following: a super-deduction providing allowances of 130% on most new plant and machinery investments that ordinarily qualify for 18% main rate writing down allowances a first-year allowance of 50% on most new plant and machinery investments that ordinarily qualify for 6% special rate writing down allowances The two-year period in which this initiative is available will be the single biggest business tax cut in modern British History. This is a great opportunity to invest and upgrade your capital equipment fleet, and there is no better place to look for this machinery than Blue! We provide some of the world’s leading materials processing equipment from some of the most reputable brands across the globe. To find out more on how we can help you make the most of this unmissable initiative, give us a call on 0345 217 8755 or email us on sales@bluegroup.co.uk News The November Edition of BlueMail is out now. Read it here! The November edition features some great stories including: RFS Works... Find Out More Want to call us? Make an enquiry Book a Demo Subscribe to BlueMail I give my consent to opt into marketing material from Blue Group Follow us General Terms & Conditions | Privacy Policy | Anti-slavery Policy | SHEQ This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. DOWNLOAD BLUEMAIL English

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