First year allowances for Energy Saving LED Lighting

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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. 

For more information
visit Her Majesty’s Revenue and Customs website at
http://www.hmrc.gov.uk/manuals/camanual/CA23100.htm

Claim 100% first year capital allowance on your LED Lighting.

The Enhanced Capital Allowance (ECA) scheme is a key part of the Government’s programme to manage climate change, and is designed to encourage businesses to invest in energy-saving equipment.

The Enhanced Capital Allowance (ECA) scheme enables businesses to claim 100% first year capital allowance on investments in LED Lighting, against the taxable profits of the period of the investment. All businesses that incur qualifying spending can claim ECAs. ECAs bring forward the time that capital allowances are available for spending on LED Lighting thereby providing a cash flow advantage.

 

Reference:

http://www.hmrc.gov.uk/capital-allowances/fya/water.htm

https://etl.decc.gov.uk/etl/site/about.html

 

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