Tax breaks for Office Furniture!

Super-deduction TAX BREAK to save money on office furniture

uk tax breaks for office furnitureNow is the perfect time for your customers to invest in new office furniture and
re-shape their offices as the UK Government has introduced a significant tax incentive scheme to encourage business investment.

In the Budget 2021, the Chancellor announced a temporary change to tax relief which allows companies to claim enhanced capital allowances on qualifying plant and machinery assets, which includes office chairs and desks.

For expenditure incurred from 1st April 2021 until the end of March 2023, companies can claim 130% capital allowances on purchases of office furniture.

Under the super-deduction, for every pound a company invests, their taxes are
cut by up to 25p.

HM Treasury Budget 2021 – Super-deduction

Gov_Super_Deduction_Guide

See link above to the super-deduction factsheet issued by HM Treasury.

The wellbeing of employees in the workplace is becoming more vital, and office furniture can play a huge part in help to keep people happy and healthy when they’re working. We can help businesses retro-fit their existing products, making the office covid-19 secure, and help them re-imagine the new normal.

Don’t miss out on this incentive to improve the office environment and re-design the workspace.

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About Merlin Industrial Products

Merlin Industrial Products LTD Kingsley Close, East Way Lee Mill Industrial Estate Ivybridge Devon PL21 9LL United Kingdom Call: 01752 690622 Fax: 0208 196 2223 Non 0844 Numbers Call 01752 690622 Fax 01752 698696 New for 2013 Interactive PDF with quick glance to the products we supply WWW: http://www.merlin-industrial.co.uk E-mail sales@merlin-industrial.com Information: Vat GB591551821 Company Number 02906480 - 1994 Dun and Bradstreet Number (581590544) NATO Code Number (NCAGE KD520) EORI Number GB591551821000 UTR 6353208046