PRODUCTS & PROCESSES
A super time to invest in component cleaning machines
Following a change to the UK ’ s capital allowance regime , Graham Fraser , Managing Director of Fraser Technologies , explains why now is the time to invest in component cleaning machines .
In the latest Budget , Chancellor Rishi Sunak announced the “ super-deduction ” policy that will allow your company to claim 130 % capital allowances on plant and machinery investments . The announcement may not have gained the front-page headlines of other Budget initiatives , but it is absolutely worth paying attention to .
The super-deduction is a temporary policy – businesses can only claim for qualifying expenditures incurred from April 2021 until March 2023 . It works by allowing a company to deduct 130 % of the initial investment when computing taxable profits . This means that , for every pound a company invests under the super-deduction , their taxes are cut by up to 25p .
The Chancellor also announced a 50 % first-year allowance for special rate ( including long life ) assets that ordinarily qualify for a 6 % special rate writing down allowance . Taken together , these policies provide a strong financial incentive for businesses to make additional investments , and to accelerate the rate of planned investments .
At Fraser Technologies , we have the expertise to assess individual business needs and select the best component cleaning machine for you to make this investment . For almost 50 years , we have been delivering chemical solutions to UK manufacturing across a range of industries . As an independent supplier of equipment and chemicals we are well placed to offer this complete package , we are able to work with you to provide the solvent or aqueous cleaning systems that best suit your manufacturing business .
Fraser Technologies ’ solvent cleaning systems offer an environmentally friendly and cost-effective solution to your precision cleaning needs . With minimal cost and capital investment , our new generation OpteonTM solvents can clean components to an exceptionally high standard . We have teamed up with Crest Ultrasonics – the global leaders in designing and
manufacturing precision cleaning equipment – to supply the UK with the latest range of solvent cleaning systems .
A key advantage of our solvent equipment is the auto-sealing compression lid which , along with the unique vapour control system , increases solvent retention . We are able to offer standard , single and multi-stage systems with semi or full automation to fully bespoke options . This reduces costs and emissions significantly , enabling you to be confident in a superior cleaning product that is friendly to your balance sheet and the environment .
We also offer a diverse range of aqueous component cleaning systems . From single ,
multi-stage and fully automated aqueous ultrasonic systems , which feature unique swept-wave ultrasonics , as well as single chamber , multi-stage spray wash units , we will find a system that meets your exact application requirements .
The super deduction unveiled by Rishi Sunak means now is a uniquely excellent time for your business to invest in these quality component cleaning machines .
For more information about the products we offer and how we can meet your business needs , get in touch at sales @ frasertech . co . uk
Telephone : 01506 443 058 Visit : www . frasertech . co . uk
60 MAY 2021 twitter : @ surfaceworldmag