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03/07/2014

Q-ton is now ECA eligible

From 1st July 2014, we are pleased to advise that Q-ton has been added on the Energy Technology List (ETL) and is now eligible for the Enhance Capital Allowance (ECA) scheme.

The Enhanced Capital Allowance (ECA) Scheme is a key part of the Government’s programme to manage climate change. It provides businesses with enhanced tax relief for investments in equipment that meets published energy-saving criteria.

The Enhanced Capital Allowance (ECA) scheme enables businesses to claim a 100% first year capital allowance on investments in certain energy saving equipment, against the taxable profits of the period of investment.

For further information regarding ECA please visit https://etl.decc.gov.uk/etl/site.html

 

 

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