Category: Finance

If you want to reap the rewards of automation technology in the next financial year, then now is the time to put together a budget for it. Automation budgeting may not be as exciting as the technology itself, but it's a necessary business task. It's also an ideal opportunity to demonstrate how automation can reduce your operating costs and improve profitability – and with this in place, your budget is more likely to be approved.

There’s never been a better time to invest in upgrading your machinery. From April 2021 until March 2023, the UK government is offering 130% capital tax allowance deduction on qualifying first-year plant and machinery purchases.