CAPITAL ALLOWANCES: NEW ENERGY EFFICIENT TECHNOLOGY LIST
Statutory Instrument 2015 No. 1508 has introduced the Capital Allowances (Energy-saving Plant and Machinery) (Amendment) Order 2015 amending the Capital Allowances (Energy-saving Plant and Machinery) Order 2001.
The Principal Order implemented legislation to introduce a scheme for 100% first-year capital allowances to encourage businesses to invest in energy-saving plant or machinery.
From the 4th August 2015, the amendments bring into effect the new lists of qualifying technologies and products for the purposes of the enhanced capital allowances (ECA) scheme for energy efficient technologies.
The technologies which qualify for the scheme can be found on the updated and revised Energy Technology Criteria List and Energy Technology Product List, both issued on 2 July 2015, which replace the lists published last year.
Please see the links below for the updated Lists.