New legislation has extended the list of energy-saving and environmentally beneficial technologies and products that qualify for enhanced capital allowances.
Legislation introduced in the Finance Act 2014 has updated the list of technologies and products eligible for enhanced capital allowances.
Businesses purchasing designated plant and machinery on energy-saving and environmentally beneficial (water-efficient) technologies can claim capital allowances of 100 per cent of the expenditure.
The list of qualifying technologies is regularly updated and the legislation will update the list of technologies and products eligible for enhanced capital allowances.
It is intended that the list will be extended to include:
The water-efficient scheme will also be amended to clarify the qualifying criteria.
For more information on the Enhanced Capital Allowance energy scheme, visit the 'Related links' section on this page.