UK chancellor Rishi Sunak’s Budget announcement of a capital allowance ‘super-deduction’ could be a game-changer for many warehouse owners and operators.
The super-deduction, which will apply for two years, allows firms to claim 130% of their expenditure on approved plant and machinery against their tax liability.
There is no list of qualifying expenditure, but just about any equipment that one might install in a warehouse or distribution centre appears to be covered …
The post Game-changing aid could result in a rethink of how a UK warehouse operates appeared first on The Loadstar.
Source: The Loadstar
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