Why Quality Matters More Than Ever and Full Expensing is a Bonus
When you’re buying a forklift, do you buy outright or use a lease or hire purchase arrangement?
The Spring Budget of 2023 introduced full expensing for capital assets until March 2026, that includes forklift trucks, pallet trucks, shelving and stackers, so you still have an opportunity to invest in new equipment and reduce your corporation tax liability.
While full expensing isn’t new, it is particularly relevant to the cash purchase of premium value forklifts from Heli, it’s a real opportunity as a tax incentive, but that’s only part of the story. It’s always crucial to consider energy efficiency, performance, and long-term value as fundamentals for a smart investment.
Full Expensing: A Strategic Advantage for Cash Purchasers
For many businesses, particularly those that are looking into the purchase of new rather than used equipment, and those that are keen to change power source to take advantage of alternative powered trucks, the logical choice is a price competitive lithium-ion option. Full expensing provides a compelling reason to consider this type of new equipment.
This tax relief allows companies to deduct the full cost of qualifying assets from their profits, reducing the taxable liability in the year of purchase. For premium value brands like Heli, which are often purchased outright, this can significantly enhance the attractiveness of a new purchase over a used one. The deadline of March 2026 brings this choice into sharp focus.
Performance Under Pressure: Residual Capacity and Quality
For many businesses, particularly those that are looking into the purchase of new rather than used equipment, and those that are keen to change power source to take advantage of alternative powered trucks, the logical choice is a price competitive lithium-ion option. Full expensing provides a compelling reason to consider this type of new equipment.
This tax relief allows companies to deduct the full cost of qualifying assets from their profits, reducing the taxable liability in the year of purchase. For premium value brands like Heli, which are often purchased outright, this can significantly enhance the attractiveness of a new purchase over a used one. The deadline of March 2026 brings this choice into sharp focus.
Quality Matters: Getting More for the same!
In the value equipment segment, it’s easy to assume that all products are created equal—but that’s a misconception. While Heli and other Chinese brands may match on price, the comparison should extend beyond cost to include value, quality and service support.
Heli’s superior build quality, energy efficiency, and performance, make it a sound, sensible, risk reduced choice. This coupled to the service support, available throughout the UK & Ireland, provided by the team at Grant Handling who have been Heli’s exclusive partner since 2001. As the first major importer of Chinese equipment, Grant Handling are best placed to create a value, quality and service support solution that works for your business, financially and operationally.
Should you buy now?
Full expensing provides a valuable opportunity to invest in new equipment, before 2026, for businesses with a robust cash position. However, the real return comes from choosing a product that delivers on quality and price with efficiency, performance, and durability. Choosing Heli ensures you don’t have to compromise as it ticks all these boxes.
If fully expensing works for your business, then you should be looking for more than just tax efficiency, now is the right time to match quality with financial incentives, so don’t compromise on either.
