{"id":716,"date":"2022-10-25T10:56:26","date_gmt":"2022-10-25T09:56:26","guid":{"rendered":"\/blog\/?p=716"},"modified":"2026-09-23T13:29:39","modified_gmt":"2026-09-23T13:29:39","slug":"how-to-use-the-super-deduction-at-rapid-racking","status":"publish","type":"post","link":"https:\/\/www.rapidracking.com\/blog\/how-to-use-the-super-deduction-at-rapid-racking\/","title":{"rendered":"How to use the Super-Deduction at Rapid Racking\u00a0"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">A message from Rapid Racking&#8217;s MD.&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Dear customer,&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a UK business, we feel it is our responsibility to remind you about a tax-saving initiative you may be entitled to.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 2021 the UK Government introduced a nationwide super-deduction, and your business may be eligible to use this with Rapid Racking until 31 March 2023.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This scheme offers a temporary 130% super-deduction for main rate assets and a temporary 50% first-year allowance for special rate assets. These allowances can include new plant equipment and machinery integral to a business. For example, racking or shelving used by a business to hold its stock can fall into this category, as can pallet trucks. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The government&#8217;s super-deduction will give Ltd companies an opportunity to make additional investments, and bring planned investments forward by implementing a much higher tax deduction than normal.&nbsp;&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>What you can claim with the super-deduction:<\/strong>&nbsp;<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>130% super-deduction capital allowance on qualifying plant and machinery investments;&nbsp;<br><\/li>\n\n\n\n<li>A 50% first-year allowance for qualifying special rates assets;&nbsp;<br><\/li>\n\n\n\n<li>Under the super-deduction, for every \u00a31 a company invests the tax bill is reduced by up to 25p.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>How the super-deduction can influence your tax bill [for example]:<\/strong>&nbsp;<\/h4>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"\/wp-content\/uploads\/2022\/10\/image-1.png\" alt=\"\" class=\"wp-image-721\" width=\"636\" height=\"248\"\/><figcaption class=\"wp-element-caption\"><em>The above example assumes that the AIA allowance for a business has already been fully utilised.<\/em>&nbsp;<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Please speak to your finance director or accountant before purchasing to determine if your business is eligible for the super-deduction scheme.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Find out more <a href=\"http:\/\/www.gov.uk\/government\/publications\/new-temporary-tax-reliefs-on-qualifying-capital-asset-investments-from-1-april-2021\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>here<\/strong><\/a>.\u00a0\u00a0<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Book a free warehouse and storage design consultation with your local specialist today: <\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Email:<\/strong> rapiddesign@rapidracking.com <\/li>\n\n\n\n<li><strong>Call direct:<\/strong> <strong>08000 147 444<\/strong><\/li>\n\n\n\n<li><strong>Book online:<\/strong> <a href=\"https:\/\/www.rapidracking.com\/en\/rra\/free-site-visit\" target=\"_blank\" rel=\"noopener\" title=\"\">www.rapidracking.com\/en\/rra\/free-site-visit<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A message from Rapid Racking&#8217;s MD.&nbsp; Dear customer,&nbsp;&nbsp; As a UK business, we feel it is our responsibility to remind you about a tax-saving initiative you may be entitled to.&nbsp;&nbsp; In 2021 the UK Government introduced a nationwide super-deduction, and your business may be eligible to use this with Rapid Racking until 31 March 2023.&nbsp;&nbsp; [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":2228,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[183,202,219],"class_list":["post-716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-articles","tag-storage","tag-tax","tag-warehouse"],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/posts\/716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/comments?post=716"}],"version-history":[{"count":1,"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/posts\/716\/revisions"}],"predecessor-version":[{"id":2876,"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/posts\/716\/revisions\/2876"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/media\/2228"}],"wp:attachment":[{"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/media?parent=716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/categories?post=716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rapidracking.com\/blog\/wp-json\/wp\/v2\/tags?post=716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}