Local government groups challenge MHCLG on remote meetings ukauthority.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ukauthority.com Daily Mail and Mail on Sunday newspapers.
Cyber sector welcomes PM’s defence review
Security commentators approve of measures to improve the UK’s cyber resilience, strengthen its R&D and skills base, lead on the development of new technology and promote a free, open, peaceful and secure global internet
Share this item with your network: By Published: 17 Mar 2021 10:16
Cyber security experts have given the thumbs-up to newly announced plans to strengthen both the UK’s cyber sector and its offensive and defensive capabilities, trailed earlier in the week and formally announced on 16 March in the government’s Integrated Review of Security, Defence, Development and Foreign Policy.
Broadband Stakeholder Group appoints Stephanie Liston as new Chair totaltele.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from totaltele.com Daily Mail and Mail on Sunday newspapers.
Clarification needed on IT ‘super-deduction’ allowance
Chancellor announces that companies investing in qualifying new plant and machinery assets will be able to claim a ‘super-deduction’ allowance
Share this item with your network: By Published: 05 Mar 2021 13:51
In his March 2021 Budget statement, chancellor Rishi Sunak unveiled a super-deduction capital allowance, in a bid to encourage businesses to invest more.
From 1 April 2021 to 31 March 2023, companies will be able to claim a 130% super-deduction capital allowance on qualifying plant and machinery investments and a 50% first-year allowance for qualifying special rate assets.
The super-deduction will allow companies to cut their tax bills by up to 25p for every £1 they invest. The HM Revenue and Customs (HMRC) website recognises computer hardware as machinery, but is it unclear how capital investment in digital assets is treated.
Chancellor launches £500m business software subsidy in the UK theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.