If your business is planning to invest in new equipment, technology, or machinery, there’s some good news — you could be entitled to 100% tax relief on your purchase.
It’s called Full Expensing, and it’s designed to help UK businesses invest, grow, and stay competitive.
At Synergi, we make sure our clients understand how this relief works — and how using finance can actually enhance the benefit.
What Is Full Expensing?
Full Expensing allows limited companies to deduct 100% of the cost of qualifying assets (like IT, machinery, or vehicles) from their taxable profits in the same year they’re purchased.
That means if you spend £50,000 on new equipment, you can reduce your taxable profits by £50,000 — cutting your corporation tax bill significantly.
“It’s a powerful incentive to invest,” says our team. “You don’t have to delay upgrades or expansion plans — the government’s effectively rewarding you for spending on your business.”
The Smart Way to Use Finance
Here’s where it gets even better:
When you buy through asset finance, you still get the same tax relief on the full purchase price — even though you’re paying for the asset monthly.
That means you keep your cash in the business while still enjoying the full tax benefit upfront.
It’s a smart way to improve your cash flow and maximise the relief available.
What Qualifies for Full Expensing?
The scheme applies to most new, unused plant and machinery, including:
• IT and technology equipment
• Office furniture and fixtures
• Manufacturing and construction machinery
• Commercial vehicles
(Second-hand assets may qualify under the Annual Investment Allowance instead.)
Helping You Make the Most of It
We help businesses structure finance deals that make the most of Full Expensing and other tax incentives. With access to over 100 lenders, we’ll find the right approval and repayment terms to match your goals.
Ready to Invest Smartly?
Whether you’re upgrading your tech, expanding your operations, or planning your next phase of growth — we’ll help you do it efficiently and tax-effectively.
