About this event
Super Deduction-How it impacts your business’, is here for SMEs wishing to understand the latest wave of Government support
From 1st April 2021 until 31st March 2023, businesses will be able to claim both a 130% super-deduction capital allowance on qualifying plant and machinery investments and a 50% first-year allowance for qualifying special rate assets.
For SMEs, this means businesses paying tax at the current rate of 19% can cut their tax bill with such investments by nearly 25p per £1 invested. Many business owners are finding this new super-deduction tax difficult to understand despite knowing it may well affect both their investments, and economic futures.
‘Super Deduction-How it impacts your business’, is an event brought to you by GC Business Growth Hub which will help business owners cut through the jargon of, and benefit from, this new super-deduction tax.
Specialists and industry experts will assist businesses in understanding the differences in funding methods for capital items included under this new super-deduction tax. These guest speakers include:
The Growth Company drives forward business, economic, personal and professional development within communities by boosting employment, skills, investment and enterprise for the benefit of all.
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