The Enhanced Capital Allowance scheme for energy-saving technologies ends April 2020

Under the Enhanced Capital Allowance scheme (ECA), businesses that purchase energy-saving plant or machinery can benefit from single-year capital allowances. Which means you can claim 100% tax relief on these purchases in the first year. However, time is running out as the scheme is due to end in April 2020. The Enhanced Capital Allowance scheme for energy-saving technologies ends April 2020 Setting aside the social conscious aspect of reducing industrial energy consumption, the cost savings…