The new super deduction allowance for capital expenditure announced in the latest Budget is now live. At the Budget on 3 March 2021 additional capital allowances were announced by way of a new super-deduction (130%) and 50% first year allowances to encourage capital spend by companies over the next two years. In simple terms, companies can claim a super-deduction by writing off 130% of qualifying expenditure on new assets from 1 April 2021 for two years. For example, if a com

The Vale of Glamorgan Ale Trail is on the 7th September featuring The Cross Inn, Cowbridge. The prospective new owners wanted to be up and running in readiness for the event. This was the challenge that Action Commercial Finance was presented with as we met up with our new clients early last month. The importance of securing a lender and legal team with a “can do” approach was essential. We fully utilising our experience and knowledge in pre-empting obstacles and solutions wh