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The Super Deduction Scheme

In the March 2021 Budget the Chancellor announced a brand new Super Deduction Annual Investment Allowance. From the 1st April, qualifying new equipment allows a business to offset 130% of the equipment cost against taxable profits in the first year, with no upper limit.

Gary Cain is joined by Andrew Frost, Director at Genesis Finance, to discuss the Super Deduction and what this means for businesses.

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