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11th Dec 2012

Free cleanroom? Find out how for your company

For certain profitable businesses, this could be a reality

New tax benefits have been announced for companies of certain sizes and which are Tax relief for capital expendituregoing to be welcomed by businesses that are ambitious about growth.

Capital Investment tax relief has been raised from £25,000 to £250,000.  A substantial amount that will help businesses like ourselves grow and prosper, by encouraging investment in plant and machinery.
There has never been a better time to invest in research and new technologies.  Tax relief can be offset against capital equipment purchases (i.e. a cleanroom)  - meaning you have essentially gained new facilities that won't have cost a penny!

Added to this is the further reduction in the main corporation tax rate from 22% to 21% and the abolishment of the proposed 3p increase in fuel duty. 

This, coupled with the existing R&D tax credits, is good news for companies wishing to move forward and build from a recession that caused so much turmoil.

Do you think you may be eligible to take advantage of this extra funding?  Why not forward this email toTax relief your accountant?

But remember, what the Chancellor giveth, he can taketh away!  These benefits wont be around forever, so don't miss out!

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