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Investing in iLockerz: Tax break boost now open to businesses

iLockerz electronic locker systems can be claimed back 100% via tax break boost

The Spring Budget 2023 saw generous tax allowances being announced for business investment as the Chancellor disclosed the government’s latest plans for economic growth. The ‘full expensing’ measure will enable organisations to claim back up to 100% of the cost any IT equipment and machinery investments for three years starting this month.

The tax incentive will undoubtedly come as a welcome step for organisations who have weathered the storm of the recent energy crisis only to face corporation tax hikes in the months ahead. However, the new investment incentive offers firms the confidence to innovate and grow, making now the right time to invest in a smart and secure solution for managing their tech assets.

While organisations may now be more inclined to invest in the technology needed to level up their internal systems and processes, they may also wish to consider implementing an agile IT infrastructure that will protect their investments for years to come. The iLockerz range of intelligent lockers provides just the solution, allowing businesses to store, charge, vend and manage a wide range of digital devices.

Falling within the remit of the equipment claimable immediately and in full, as per the full expensing policy, iLockerz may now be purchased at no risk to businesses. In addition, each locker system offers a host of benefits that extend beyond the three-year incentive period, including:

- Advancement through Automation iLockerz removes the need for essential devices to be manually distributed by IT departments typically restricted to set working hours, meaning organisations can extend their operating hours to 24/7. Not only does this present opportunities for boosting income, it reduces the unnecessary expense of additional wages, inactivity, and misplaced assets.

- Transformation through Technology Each iLockerz system boasts a range of cutting-edge software functions dedicated to improving the performance of assets whilst prolonging the lifetime of batteries, including Last-In, Last Out (LILO) and charge authentication. Features also include real-time audit generation to provide organisations with greater visibility over essential assets, enabling items to be kept in service for longer while preventing disruption and reducing expenses.

- Income through Innovation Aside from the clear cost-savings provided by automating operations, iLockerz can also be implemented in Pay-to-Use (PtU) mode to provide staff, visitors, or customers with a facility for storing and charging personal assets at a given fee. Income streams may also be generated through PtU drop-off and collection services, providing the additional benefit of enhancing user experiences through convenient and contact-free locker systems.

- Longevity through iLockerz As the most versatile and robust locker systems available anywhere in the world, iLockerz provide organisations with a future-proof solution which can adapt to their needs as they evolve. This means that the benefits these systems bring can be sustained long after initial investment, with configurations easily modifiable to accommodate requirements yet to be identified.

Considering the advantages of implementing iLockerz, there really is no better time for organisations to level up their tech assets and supporting infrastructure. To discover more about the solutions guaranteed to maximise any investment long-term, contact iLockerz today.


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