What does the Super Deduction mean in reality?
Super Deduction – A Simple Perspective Whatever your political persuasion, and irrespective of your views on how the Government has handled the pandemic, there should be no doubt as to the tremendous job the Chancellor is doing in protecting jobs and promoting growth. An increase in Capital Allowances to 130% will have a significantly positive impact on investment levels. As UK based sellers of High-Cost Capital Equipment we have looked on enviously at these types of policies as they were rolled out in European Economies over the years. It is a delight to see the UK Government finally getting the message.