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22/06/09 Enhanced Capital Allowance SchemeEnergy Innovations are leading distributors of biomass boilers in the UK. The company has built up an established reputation for over 4 years now. The company not only supply boilers but also district heating pipe and equipment, heat meters as well as a range of fuel storage systems. The Gilles boiler systems are fully automated and can provide heat to anything from holiday cottages, to swimming pools, to multiple properties and commercial operations. Due to the boilers being carbon neutral and by meeting the relevant criteria set out on the Energy Technology Criteria List, Energy Innovations’ Gilles boilers are eligible for tax relief under the Enhanced Capital Allowances (ECA) scheme. The scheme was introduced by the Government in 2001 to encourage UK businesses, that pay UK Corporation or Income tax, to invest in low carbon, energy saving plant and machinery with the incentive of a 100% first year accelerated tax relief under the ECA scheme. It allows businesses to set aside the capital cost of their investment against their taxable profits. If you would like more information on the services that Energy Innovations provide then please contact 01728 635761. |