Independent Milling Poultry Feed Business takes advantage of tax breaks

March 24, 2023

130% super-deduction capital allowance scheme ends in March 2023, many businesses have taken advantage of this to invest in a new compressor.

 

Energy efficiency was a key driver – the tax relief was the catalyst

The business which has multiple processing facilities across the UK, manufactures top quality feeds for the poultry sector. Working with poultry farmers, they plan and process production from the various crops used. Their expertise extends to the whole husbandry cycle of the poultry sector, in addition to the nutritional needs. Operating to the highest standards of quality, their target is zero downtime for production – which means the compressor system can't fail.

 

Investment in a large variable speed BOGE was the latest upgrade

With a 500% hike in energy prices, installing a new super energy efficient compressor was being reviewed. With 130% tax relief on capital expenditure before March 31st 2023, it was just too good an opportunity to pass by. Although their old compressor worked fine, a simple energy test provided a compelling calculation of the different running costs. A new compressor could reduce their predicted energy cost plus bolster their compressed air system redundancy, whilst using their old compressors as an emergency back-up. The 130% super-deduction capital allowance scheme made this much more cost effective. Purchasing the new large variable speed BOGE, which is a significantly more energy efficient model, balance current cash flow needs and getting the most tax relief.

 

Take a free Compressed Air System Safety Survey & Energy Audit

Cambs Compressors engineers can provide an expert objective assessment on your compressed air system, providing you with the facts on your running costs. The Compressed Air System Safety Survey & Energy Audit will also quickly identify any other inefficient equipment, maintenance procedures, and give you the relevant low cost/no cost measures to reduce your energy costs – such as leak detection and repair to reduce system waste.

To ensure we can provide the highest service levels and most responsive support, our Flexible Maintenance Support Agreements are only eligible to facilities operating within 50 miles of St Ives, Cambridgeshire but don’t worry, we’ll confirm this before wasting any of your time.