Enhanced Capital Allowances

The Enhanced Capital Allowance scheme is a key part of the Government's programme to manage climate ECA change.

 Enhanced Capital Allowances (ECAs) enable a business to claim 100% first-year capital allowances on their spending on qualifying plant and machinery.

 There are three schemes for ECAs:

• Energy-saving plant and machinery
• Low carbon dioxide emission cars and natural gas and hydrogen refuelling infrastructure
• Water conservation plant and machinery

Businesses can write off the whole of the capital cost of their investment in these technologies against their taxable profits of the period during which they make the investment.

This can deliver a helpful cash flow boost and a shortened payback period.

For more details please consult the following website - http://www.eca.gov.uk

In addition to this there is an Energy Technology List that identifies some products that are eligible for this scheme, this list can be found at the following address http://www.eca.gov.uk/etl/default.htm

It would be worth pointing out that there is a section that covers Component Based AMT Systems.  These are Automatic Monitoring & Targeting (AMT) Equipment helps to save energy by identifying energy wastage and ensuring the long-term effectiveness of other energy saving investment measures. Please see PDF below.

Component Based AMT Systems PDF

Also refer to the Sinetica Micro Site for some qualifying products.