We understand the requirement to save money and making savings on your lighting costs will assist you with this. Under the Enhanced Capital Allowances (ECA’s) you as a business can claim 100% of your first year capital allowances spent on qualifying energy saving.
Businesses can write off the whole of the capital cost of this investment against any taxable profits during the taxable year they make this investment reducing tax bills to the Government.
ENHANCED CAPITAL ALLOWANCES
Enhanced Capital Allowances (ECAs) enable a business to claim 100% first-year capital allowances on their spending on qualifying plant and machinery. There are three schemes for ECAs:
We can make various recommendations such as fitting of low energy lighting, adjustable photocell light saving reducing light conditions and use and occupancy sensors which can turn lights off when an area is unoccupied.
Ultimately these investments will save you money, reduce your carbon footprint and reduce your tax bill all at the same time.