Claim Up To 26% back on the purchase price of qualifying scrubber dryers
How the Scheme Works
The incentive to companies purchasing this equipment is in the form of attractive Enhanced Capital Allowances (ECA) against corporation tax.
The ECA scheme allows the whole cost of qualifying equipment to be claimed against tax in the first year. For larger companies the main rate of corporation tax is 26% so this means that for scrubber dryers that qualify as water efficient the purchasing company save 28% on the cost of the machine in the form of tax allowance. For smaller companies this rate is still a significant 20%.
The key features of the scheme
For more details about the scheme and to check out the up-to-date list of qualifying products please visit www.eca.gov.uk and select "water" on the left hand menu.