PLEASE READ THIS IMPORTANT INFORMATION THAT COULD SAVE YOUR COMPANY ££££!
If you are considering purchasing new or additional equipment then the Chancellor may be able to assist your company this year!!!
Following the recent budget announcement, Chancellor Rishi Sunak announced a host of changes which will impact the UK, from housing to tax deductions.
Super-Deduction Tax Scheme
A notable announcement was that of the “Super-Deduction Tax Scheme”. This was introduced to allow businesses to invest in machinery and equipment to reduce their tax bill.
What does this mean for you?
It means that your expenditure plans may well be changing for 2021. Depending on advice received from a qualified financial professional, you could receive a tax credit of £130 for every £100 you spend – a great way for you to help cash flow and facilitate innovative investment. This scheme runs from 1st April 2021 – 31st March 2023.
We recommend that you discuss this cash saving advice with your financial advisor within your company and take advantage of this if you are looking to purchase Radio Equipment, Body Cams, Applications or VoCoVo Headset products in the near future.