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. There is a wide range of suitable investments from low CO2 emission cars (like the one pictured!) for business use through to rainwater harvesting equipment.

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

ECAs can deliver a helpful cash flow boost and a shortened payback period

For more information on ECA click on the link below

Enhanced Capital Allowances