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Super deduction tax extended as the full expensing regime

2 min

In today's Budget 2023 it was announced that the super deduction tax break will be succeeded by the "full expensing" regime from 1st April 2023 to March 31st 2026. That means purchases such as new office furniture, seating, computers and printers all continue to qualify from 1st April.

Full expensing allows companies across the UK to write off the full cost of qualifying plant and machinery investment in the year they invest. It can be deducted ‘in full and immediately’ from taxable profits.

Full expensing is available to companies subject to corporation tax only, reducing their tax by up to 25p for every £1 they spend on plant and machinery assets.

We supply across all these category areas with a next day delivery available:

Office Furniture

Stylish and productive work spaces at true value for money. Our office furniture covers desking, storage (pedestals/cupboards), tables, screens and seating. Have a project in mind? Get in touch today for our expertise on designing your office layout with your new furniture. 

Seating

Colour, style and comfort, our seating covers all environments and areas of business from office spaces to visitor and meeting chairs. We can even provide a pre-assembly service to have your chairs delivered built or if you would like to have an installation on-site done for all your furniture, let us know and we'll provide you with a quote for this. 

Printers

Printers are integral to any office environment, even a paperless one. Ranging from inkjet and laser printers to multifunctional devices. If you can't find what you're looking for, please contact us as we have the capability to find the right printing solution for you.

We would also recommend looking at our latest flexible subscription service for businesses on your printing supplies and maintenance called Brother PrintSmart

If you have any requirements on any of the above, please let us know and our team will do everything they can to help you with the right product choice for your needs, pricing and excellent service you'll grow accustomed to at 3WM Office Supplies Please. 

 

Super deduction tax extended as the full expensing regime

2 min

In today's Budget 2023 it was announced that the super deduction tax break will be succeeded by the "full expensing" regime from 1st April 2023 to March 31st 2026. That means purchases such as new office furniture, seating, computers and printers all continue to qualify from 1st April.

Full expensing allows companies across the UK to write off the full cost of qualifying plant and machinery investment in the year they invest. It can be deducted ‘in full and immediately’ from taxable profits.

Full expensing is available to companies subject to corporation tax only, reducing their tax by up to 25p for every £1 they spend on plant and machinery assets.

We supply across all these category areas with a next day delivery available:

Office Furniture

Stylish and productive work spaces at true value for money. Our office furniture covers desking, storage (pedestals/cupboards), tables, screens and seating. Have a project in mind? Get in touch today for our expertise on designing your office layout with your new furniture. 

Seating

Colour, style and comfort, our seating covers all environments and areas of business from office spaces to visitor and meeting chairs. We can even provide a pre-assembly service to have your chairs delivered built or if you would like to have an installation on-site done for all your furniture, let us know and we'll provide you with a quote for this. 

Printers

Printers are integral to any office environment, even a paperless one. Ranging from inkjet and laser printers to multifunctional devices. If you can't find what you're looking for, please contact us as we have the capability to find the right printing solution for you.

We would also recommend looking at our latest flexible subscription service for businesses on your printing supplies and maintenance called Brother PrintSmart

If you have any requirements on any of the above, please let us know and our team will do everything they can to help you with the right product choice for your needs, pricing and excellent service you'll grow accustomed to at 3WM Office Supplies Please. 

 

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