Enjoy back relief and tax relief with a Power Pusher purchase from 1st April

We’ve all been operating in a COVID world for the past year and we can now see a new world on the horizon. As an incentive to kick-start investment and get your operations off to a flying start the UK government has introduced Super-deduction from 1^st April 2021.

What is ’Super-deduction’ we hear you say?

Super-deduction is a form of tax relief for companies liable for Corporation Tax.

Capital investments on most new plant and machinery equipment will be eligible for 130% first-year tax relief. Effectively reducing your Corporation tax bill at the end of your financial year by up to 25p for every £1 invested.

This enhanced Capital Allowance was announced in the Spring Budget 2021 and eligible purchases qualify for this tax break from 1^st April 2021 – 31^st March 2023. This scheme is a lot more generous than the current scheme and the upfront payback means you can use this money here and now when it’s most needed after the difficult year.

Find out more about the super-deduction scheme here.

Why are you telling me this?

The introduction of this scheme provides the perfect time to review operations and invest in new equipment, which is where Nu-Star can help by providing not only tax relief, but back relief!

Why invest in a Power Pusher?

• Improved health and safety by reducing manual handling risks – 19% of workplace injuries are reported to be caused by handling, lifting or carrying every year*.
• Leaner operations. A Power Pusher electric tug helps improve efficiency and productivity in your factory. Read our Dressta case study to learn more.
• They’re powerful. Effortlessly push 80T loads and even more on rails. Let our machines take the strain.
• No Lifting Operations and Lifting Equipment Regulations (LOLER). Therefore no license is required as the Nu-Star products are classified as pedestrian- operated, reducing down-time.
• The Power Pusher is battery powered, meaning zero-emissions. Investing in this eco-friendly equipment now also helps get ahead of the game in the UK’s net-zero targets.
• Cost-effective. In many cases an electric tug is introduced as an alternative to a forklift truck, which is often several times the cost of our machines.
• Agile. The compact design makes the Nu-Star product range perfect for factory use and moving heavy loads when only a small turning circle is available.

So why not task advantage of the super-deduction scheme, improve Safety and Productivity in your workplace and receive money back on your investment! Win Win!

Get in touch to speak to a member of the team to help you kick-start your growth.

*HSE 2020 Health and safety at work summary