
News from Retail Sector
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Top Retail Sector News

Supply Chain · United KingdomRetailers investing in stores, logistics and equipment will be able to cut their tax bills as the new 40% first-year allowance for plant and machinery comes into force. The permanent relief, effective from yesterday (1 January), allows businesses to deduct 40% of the cost of qualifying main-rate assets and machinery investments, such as warehouses or construction equipment, in the year of purchase. It was first announced by chancellor Rachel Ree…See the Story

