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Super Deduction-130%-Update – Applicable For Car Parking Lift Purchases

From the 1st of April to the end of March 2023, companies can claim 130% capital allowances on qualifying new machinery which includes car parking lifts and car lifts. This ‘super-deduction’ effectively means that for companies paying corporation tax at 19%, for every £100,000 they spend on a variety of assets they get a £24,700 reduction in their tax liability.

Optimal Parking Solutions Ltd

Level 3
207 Regent Street
London
W1B 3HH
United Kingdom

Email:
info@optimalparkingsolutions.com

Telephone:
03333 445 272