Benefits from 2019 budget

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The release of the 2019 budget on Monday brought some much needed good news to businesses looking to invest in biomass systems or other plant and machinery. In order to stimulate business investment in the economy an increased incentive has been provided through tax relief. This sees a temporary rise in the Annual Investment Allowance for 2 years from January 2019, with the amount increased from £200,000 to £1 million.

More information is available through the government's website.

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