Enhanced Capital Allowance

Enhanced Capital Allowance – How can I benefit?

The case for R22 Replacement is strengthened by the Enhanced Capital Allowance. Businesses choosing to invest in the most energy efficient equipment can benefit from this scheme.

Enhanced Capital Allowance (ECAs) enables a business to claim 100% first-year capital allowances on their spending on qualifying energy saving 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 as well as lower day to day running costs associated with modern inverter driven air conditioning systems, which can be as much as 30% lower than non inverter models.

For domestic customers installing new heat pump air conditioning systems, there is the benefit of a reduced VAT rate of 5% and 0% on new build domestic projects.

For more information on energy saving equipment and how it can help your business, give us a call at Loop Air Conditioning or visit www.eca.gov.uk


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