Enhanced Capital Allowance (ECA) – Offset 100% of the Capital Cost of Water Tanks
Evenproducts Rain Water Harvesting equipment is accredited by the Water Technology Listings meaning clients can offset up to 100% of the capital cost of the system against your tax bill at the end of the year.
100% First-Year Allowance
Business Link state in their website:
“The Enhanced Capital Allowance (ECA) scheme offers a 100 per cent first-year allowance for investments in certain water efficient plant and machinery. It lets businesses write off 100 per cent of the cost of qualifying plant and machinery against taxable profits in the year of purchase. This can bring significant financial savings and reduce your business’ impact on the environment.”
“To qualify, the plant and machinery must be on the Water Technology List at the time you buy it.”
For more details please follow this link to the Business Link website.
Evenproducts Steel water storage tanks are all eligible for ECA’s, see link below to the complete list.