CPD Seminars presented by Mitsubishi Electric Europe
CPD Seminars presented by Mitsubishi Electric Europe
The Enhanced Capital Allowance Scheme - Update
The Enhanced Capital Allowances (ECA) scheme was introduced by the Government as an incentive for businesses to invest in energy efficient equipment. It works by enabling businesses to claim all of their tax allowances against energy efficient equipment in the first year after purchase - rather than spreading the allowance over several years. In many cases the costs of installation can also be offset in the same way.
The presentation covers a detailed description of how the ECA works, who benefits from it, and the changing rules for new technologies.