Don’t forget that qualifying IT purchases are still fully deductible from your tax bill, until March 2026. This equates to a tax cut of up to 25p per £1 spent.
This is thanks to the Full Expensing Tax Relief Scheme which allows you to claim 100% capital allowances for:
- All capital licence fees for STL and integrated partner software
- Hardware provided as part of STL’s solutions including tills, card machines, picking devices and scanners
- STL services relating to initial project stages, including commissioning, installation, customisation and integration
Multinational bulk distributor, Lubna Foods, took advantage of the scheme to install an end-to-end solution from STL. It incorporates the Evo business management system, integrated with STL’s Point of Sale, Track & Trace and Android-based picking solutions, plus SwiftCloud’s eCommerce app.
Lubna Director Nasser Ali said,
By enabling data to flow smoothly across all our systems Evo gives us a really clear, up-to-date picture of our whole operations – one that’s easy to drill down into, to identify where we might reduce costs, increase efficiency or better respond to buying trends.