Investments in assets qualifying for capital allowances at the 18% main rate will benefit from a 130% first-year allowance. These include assets such as office desks and chairs. Investments in 'special rate' assets normally qualifying for allowances at only 6% will benefit from a 50% first-year allowance. These include long-life assets and integral features in buildings such as lifts and air conditioning.

Essentially, that means now is a great time to invest in new equipment - the scheme is not available for used or secondhand equipment.

• Office desks and chairs
  
• Air conditioning equipment
  
• Passenger lifts
  
• All of the above we at Glenside can provide as part of a wider commercial fit-out or refurbishment (or any of our other services) or as a stand-alone service.
  

If you are thinking of changing your furniture in the next few years; or improving accessibility with a passenger lift; or refreshing your air conditioning system, we recommend taking advantage of the great savings available through this scheme before it runs out.

Contact our friendly team today to find out more and discuss the possibilities.

Note: It is important to be aware that we are not tax advisors, so it would be best for you to run any questions about this scheme past your accountant.