Care homes and other companies can now save 24.7% when they invest in sluice machines and other capital equipment, reports infection control specialist DDC Dolphin.
The super-deduction in Chancellor Rishi Sunak’s 2021 Budget enables companies to claim 130% in capital allowances on qualifying plant and machinery. Every pound invested saves up to 25p in corporation tax.
It makes medical pulp macerators, bedpan washer disinfectors and other sluice room equipment hundreds and thousands of pounds cheaper in real terms.
Companies spending £3,000 on qualifying capital equipment can claim back £3,900 in capital allowances. Based on the current 19% rate of corporation tax, that is a saving of £741:
A £6,000 spend results in a £1,482 corporation tax saving, and so on:
- £12,000 spend – £2,964 saving
- £20,000 spend – £4,940 saving
- £50,000 spend – £12,350 saving
- £100,000 spend – £24,700 saving
- £150,000 spend – £37,050 saving.
DDC Dolphin Marketing Director Zoe Allen said: “This vital tax break was urgently needed in the care sector.
“Care homes need to invest in the latest hands-free sluice machines to help protect their residents and staff from Covid-19.”
Poole-based manufacturer DDC Dolphin is a world leader in the provision of advanced infection control equipment. It exports machines and consumables across the world.
The company manufactures and supplies medical pulp macerators, incontinence product macerators, bedpan washer disinfectors, UV air purifiers, stainless steel furniture and sluice room consumables.
DDC Dolphin is one of only three companies in the world specialising in the manufacture of medical pulp macerators. The machines’ hands-free technology makes it safer to dispose of human waste.
For more information, please contact DDC Dolphin Marketing Director Zoe Allen, 01202 731555, www.ddcdolphin.com