If you have equipment containing the ozone depleting gas R22. You may be eligible for our "R22 scrapage scheme"
Our state of the art cellar cooling systems offer performance and reliability, with high efficiency. All are registered on the government's energy technology list meaning should you install equipment that is listed you can gain tax relief on the amount spent.
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.
Capital allowances enable businesses to write off the capital cost of purchasing new plant or machinery, against their taxable profits.
The general rate of capital allowances is 18% a year on a reducing balance basis. Some technologies supported by the ECA Scheme are included in a special capital allowances pool where the general rate of capital allowances is 10%.
If a business spent £1000 on a new electric motor, claimed a standard capital allowance at the 18% and paid 25% corporation or income tax, then the tax relief would be £52 in the first year. Further tax relief could be claimed in subsequent years.
If however the business invested in a higher efficiency motor listed on the Energy Technology List then it could claim an Enhanced Capital Allowance, giving a one-off 100% tax relief of £260.
Additional benefits of purchasing ECA qualifying energy efficient technologies could include: improved cash flow, lower energy bills, in addition to a reduction in Climate Change Levy.
We are more than happy to share our current customers comments on amounts saved in addition to the control they now have with a state of the art cellar cooling system.
Areas we regularly cover: