Reflecting on the 130% Super Deduction

From April 2021 to March 2023, the 130% Super Deduction offered an unprecedented tax relief opportunity, allowing businesses to deduct up to 130% of qualifying plant and machinery investments against profits.

What Did The Government Offer?

This initiative enabled companies to reduce their tax bills by up to 25p for every £1 invested, marking the UK’s Capital Allowances regime as one of the most advantageous globally.

The Legacy of the Super Deduction

Introduced in response to the Covid pandemic, the Super Deduction was designed to stimulate economic recovery by encouraging substantial business investment. Although it ended in March 2023, its impact set the stage for the innovative Full Expensing scheme, ensuring continued opportunities for businesses to amplify their investments.

At HyperTech, our expertise in navigating the UK tax landscape ensures businesses can continue to maximise their investment potential. Partner with us to unlock the benefits of today’s tax incentives and embrace future opportunities.

You could be entitled to thousands of pounds in unrealised tax savings

Click below to find out how we could help you claim tax relief through Embedded Capital Allowances