Business Baron

The Super-Deduction

The Super-Deduction. A robotics maker in Coventry in April 2021. From this month a company buying new machinery can deduct 130% of the cost from its taxable…

Buy a robot for £100,000. Deduct £130,000.

A robotics maker in Coventry in April 2021. From this month a company buying new machinery can deduct 130% of the cost from its taxable profits, until the end of March 2023. Your welding and picking cells are exactly what it was written for. The chips inside them are not to be had for love or money.

Starts
April 2021
Length
30 months
Difficulty
Medium
Scored on
Reach £3,520,000 of annual sales
Business
Robotics Maker

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