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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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