New Energy Saving Technology for Enhanced Capital Allowances
£200,000 annual investment allowance not good enough for you?
Well, if you do spend more than that in a year, then you will need to know about the enhanced capital allowances (100%) that are available for investment in certain energy saving or environmentally beneficial assets.
HMRC have today released news of an addition to their list of assets that qualify for the enhanced capital allowances.
It is not a very exciting addition. It is an early leak warning device. Now, there may not be many of us who will have reason to invest in such technology, but it is still worthy of a tip if only to remind you that enhanced capital allowances exist and that water saving technology is very much on the list of qualifying assets.