Policy paper
New temporary tax reliefs on qualifying capital asset investments from 1 April 2021
This measure introduces a temporary 130% super-deduction for main rate assets, and a temporary 50% first-year allowance for special rate assets.
Documents
Details
The measure provides capital allowances for qualifying expenditure on plant and machinery incurred between 1 April 2021 and up to and including 31 March 2023.
Updates to this page
Published 3 March 2021