ITbuilder News

Only two weeks left of Super-deduction! - ITbuilder

Written by Rob Funnell | Mar 15, 2023 8:29:21 PM

Don't miss out on the government’s Super-deduction scheme which ends this month on the 31st March 2023. Introduced to support businesses during the pandemic, it is a very tax efficient way to purchase new equipment and offset this against tax liability.

Below are a few brief details about the scheme. 

What is the Super deduction? 

The super deduction tax scheme allows companies to claim a 130% capital allowance on qualifying NEW plant and machinery to promote investment in business.  

What are capital allowances? 

Capital allowances are the accounting replacement for depreciation. Any asset which provides a long-term tangible benefit to the business can usually be considered to claim capital allowances against company profits. 

Assets that qualify for the Super Deduction scheme 

Almost all computer equipment will qualify for the super deduction tax relief if the equipment is new and not used. 

Other assets which also qualify for the scheme include: 

  • Office desks and furniture 
  • Ladders, drills, and cranes
  • Electric vehicle charging points
  • Refrigerators and compressors
  • Fire alarm systems and close circuit CCTV systems 

If you were considering upgrading some of your office computer equipment, then there is no better time. Provided below are two popular in-stock items that are discounted until 31st March 2023 and selling fast right now. 

Dell Latitude 5430, Intel Core i5 1245U / 1.6 GHz, vPro Enterprise, Win 10 Pro (includes Win 11 Pro Licence), Iris Xe Graphics, 16 GB RAM, 256 GB SSD NVMe, Class 35, 14" 1920 x 1080 (Full HD), 802.11a/b/g/n/ac/ax (Wi-Fi 6E), Bluetooth

  • Apple Macbook Pro, M2 Pro 12core CPU and 19core GPU 16GB RAM, 1TB SSD, Space Grey, Z175

We have a wide range of items on offer and availability will depend on lead times with our suppliers, but we should be able to process orders by the end of the month to capitalise on the scheme. Call us now or get us on Whatsapp if you want a quote.