The New Full Expense Tax Deduction

Companies can cut their tax bill by up to 25% for every one pound that they invest. Now it's due to end on the 31st of March, 2023. If your profits are below 50,000 pounds, you're going to be paying a 19% tax rate. So if you're in that kind of strange bit between 50,000 and 250,000, actually, maybe you might be slightly better off just holding fire for now until after the tax year. But certainly, if you're a small company, profits play 50,000pound, use your super deduction if you have any assets that you want to purchase to do it now.