At Riverside we are continually shouting about the cost benefits of investing in one of our robust waste balers. We offer a range of flexible finance options so that the purchase is affordable for all.
But businesses now have another incentive to invest in our industry-leading waste machinery.
It has been reported that, as of January 2013, companies can claim 100% tax allowance on capital expenditure on plant and machinery, between the value of £25,000 and £250,000 total spend in the year.
This legislative revision (Finance Bill 2013) will be in place for a temporary period of two years. The Government has introduced these tax breaks in an attempt to encourage companies, particularly SMEs, to increase or bring forward their capital expenditure on plant and machinery. It is hoped that this will be a catalyst for job creation and heightened business activity that will stimulate economic growth.
So if you want to reduce your taxable profits and save money on your tax bill, at the same time as benefitting from reduced landfill charges, waste storage and transportation costs, and the generation of an income stream from your recyclable materials, contact Riverside today.
It’s a no brainer.
We have a reputation for making your big waste worries small. Now it seems we can help make your money worries small too!