Government help for purchasing Renewable Technologies

The government have introduced a scheme to help companies to Renewable Technologies.

The SUPER-DEDUCTION SCHEME allows businesses to claim 130% of the total installation costs against Corporation Tax, and a 50% first year allowance for qualifying special rate assets.

In a nutshell this will allow companies to reduce their tax bill by 25p for every £1 invested

A Finance Directors Dream!

Why not get in touch for further details.

 

 

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If you need advice with any renewable energy solution. Contact I-Gen here.