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super-deduction tax break

17/05/2021
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Super-deduction tax break: A helping hand for your laboratory investments

With the announcement of a £25 billion super-deduction tax break in the last budget, organisations will be able to claim 130% tax relief on spending against capital equipment.   Designed to fuel business growth, we look at how the savings are applied and how they can provide welcome financial support for your laboratory investments. Why has the Government introduced the super-deduction tax break? During the Pandemic, levels of investment have fallen, with a reduction of 11.6% between 2019 and 20202. Understandably, the economic shock and uncertainty have resulted in a reluctance... Read More