Talbott’s are pleased to confirm that equipment and installation costs for our UK manufactured wood waste plants are eligible for 130% tax relief under the HMRC Super Deduction Tax relief scheme.
The Super Deduction scheme was announced in the March 2021 budget by Rishi Sunak and provides UK businesses with 130% first year tax relief on qualifying plant and machinery expenditure. This means that for every £1000 spent on new biomass plant equipment your business taxes will be cut by upto £250, right up until March 2023!
There has never been a better time to invest in new equipment for your business, especially equipment that can save your business money on energy and waste disposal costs from day one!
