Improving sustainability and recycling rates at your business is no longer a luxury, it is a necessity in order to comply with regulation, reduce costs and meet customer demands. However, many businesses are falling into the trap of buying the wrong equipment for the job and it is costing them, in more ways than one.
The deadline for a ‘super tax relief’ on waste management equipment is approaching but businesses still have time to act, says phs Wastekit, a leading supplier of balers and compactors. The super-deduction that allows companies to claim 130% capital allowances on qualifying plant and machinery ends on 31 March 2023. The two-year initiative aimed to encourage UK businesses to invest in equipment that improves production and waste management, as well as reducing costs and their impact on the environment post-Covid.
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