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Green Me Up, Scotty!

Katie Selvey-Clinton, Partner at Bourne Business Consulting LLP, examines the Enhanced Capital Allowances incentives available to taxpayers investing in environmentally beneficial equipment

 
Katie Selvey-Clinton Partner at Bourne Business Consulting LLP examines the Enhanced Capital Allowances incentives available to taxpayers investing in environmentally beneficial equipment
 
The Enhanced Capital Allowances (ECA) scheme is a key part of the Government's programme to manage climate change and provide tax incentives to businesses to encourage investment in environmentally beneficial equipment. Introduced in the Finance Act 2001 the scheme has since been progressively widened to include additional technologies and the introduction of a payable tax credit for loss-making companies in FA 2008.
 
Despite claims that the scheme is difficult to administer more than 7 000 claims relating to over £3 billion in investments on...

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