Claim Your Energy Capital Allowance

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Are you aware that there is help available in the form of tax relief for being an energy efficient business?

Many businesses are missing out on valuable tax savings which they could claim.

Enhanced Capital Allowance (ECA) scheme

The ECA scheme means that a business can invest in energy-saving plant or machinery that might otherwise be too expensive.

The first year allowances let businesses set 100 per cent of the cost of the assets against taxable profits in a single tax year.

This allows you to write off the cost of new plant or machinery against your business’s taxable profits in the financial year that the purchase was made.

If you would like to find out more about equipment or plant which qualifies under the ECA scheme or you would like help and support to make a tax claim, speak to the experts at Moore Thompson and we’ll set the wheels in motion.

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