An increase in a tax allowance designed to boost investment could make buying ground-breaking Winlet glazing robots more affordable.
From January 2019, the Annual Investment Allowance (AIA) has increased from £200,000 to £1,000,000 per financial year.
Under AIA regulations, businesses can now deduct the full value of qualifying assets from profits before tax up to the value of £1,000,000.
Carl Cooper, Sales and After Sales Manager at Hird, the authorised distributor for Winlet glazing robots in the UK and Ireland, said this could help many companies looking to invest in new glass lifting technology.
He added: “We expect the increase in AIA will be welcomed by many companies keen to take advantage of the huge benefits from using Winlet robots.
“It represents a potentially significant financial lift for our customers, while we can demonstrate how Winlet robots will definitely give them a major commercial lift.
“We work closely with a highly-respected asset finance provider to assist companies wanting to use Winlet robots. So expert help on the application of AIA to purchase arrangements is readily available.
The Government has increased AIA to £1,000,000 temporarily for two years to provide a financial boost for businesses looking to invest in new equipment and technologies
Winlet robots are among the world’s most capable vacuum lifting machines. They can be used to lift any non-porous sheet material, including glass, plasterboard, metal and plastic sheeting, and glass reinforced concrete panels.
The machine uses powerful vacuum lifters to hold glass and other loads safely. Meanwhile, the highly innovative manipulation system means the load is controlled with complete precision
This allows panels to be placed will millimetre accuracy, in any plane – even directly above the robot – with minimal manual handling, which maximises safety and productivity
There are a range of highly-compact Winlet robot models, with load capacities ranging from 350kg to 1000kg
One of the latest additions to the range is the Winlet 1000 TRX, a tracked machine for working across uneven terrain or low load bearing floors, which can lift loads up to one tonne.
Find out more about Winlet glazing robots, and how changes to the Annual Investment Allowance might make investing in the machines more affordable. Tel: +44 (0)1482 227333. Email: [email protected].