News

BUY NOW PAY SUMMER 2022

12/01/2022

 Ward Hi Tech are well known in the machine tool industry for our deal-securing "Buy Now Pay Later" offers and to continue to support our customers during this difficult time after the world recovers after the Covid-19 pandemic, Ward Hi Tech have extended our Buy Now Pay Later offer to July 2022.

Our "Buy Now Pay Summer 2022" deal, means you can purchase your new machine from stock today and have this delivered to your shop floor, then enjoy a payment holiday lasting until the summer

Have this machine with you and working to earn you money, before you have to start paying for it. 

This deal is available until the end of February 2022, giving you SIX whole months of usage without beginning your repayments if you took advantage of the deal today.

If this isn't enough to convince you to purchase a new machine today, what about the government-backed Super Deduction scheme? Purchasing new equipment can help you to reduce your tax bill for the year of purchase. 

What is the Super Deduction?

The super-deduction measure was announced in the Budget and started on 1 April 2021.  For expenditure incurred NOW until 31 March 2023, companies can claim 130% capital allowances on most new plant and machinery. This is only available to limited companies for new equipment.

As an example, a £100,000 purchase, allows you to claim £130,000 on your taxable profits, which allows for a tax bill saving of £24,700!!!

You can find more information and examples on the Government Super Deduction Factsheet.

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