Saving your energy
Silvester, M
Saving your energy - 2002 - Property Week 67(24) 21 June 2002, 38-39(20) .
Discusses Enhanced Capital Allowances (ECAs) which under the Finance Bill 2002 will cover those involved in leasing energy efficiency assets. Highlights the benefits of ECAs which include businesses receiving 100% tax relief for capital expenditure and saving money on running costs at the same time. Looks at who can benefit from ECAs such as developers, new construction and refurbishment projects, landlords and private finance initiatives. Explains that including designated energy-saving plant and machinery could increase the level of capital allowances that an owner is allowed to receive and thus reduce overall running costs. Lists the different classes for qualifying technology where ECAs are available and explains how claims can be made on energy saving technologies.
TAX RELIEF
PROPERTY DEVELOPERS
PLANT AND MACHINERY
ENERGY EFFICIENCY
ENHANCED CAPITAL ALLOWANCE SCHEME
CAPITAL ALLOWANCES
Saving your energy - 2002 - Property Week 67(24) 21 June 2002, 38-39(20) .
Discusses Enhanced Capital Allowances (ECAs) which under the Finance Bill 2002 will cover those involved in leasing energy efficiency assets. Highlights the benefits of ECAs which include businesses receiving 100% tax relief for capital expenditure and saving money on running costs at the same time. Looks at who can benefit from ECAs such as developers, new construction and refurbishment projects, landlords and private finance initiatives. Explains that including designated energy-saving plant and machinery could increase the level of capital allowances that an owner is allowed to receive and thus reduce overall running costs. Lists the different classes for qualifying technology where ECAs are available and explains how claims can be made on energy saving technologies.
TAX RELIEF
PROPERTY DEVELOPERS
PLANT AND MACHINERY
ENERGY EFFICIENCY
ENHANCED CAPITAL ALLOWANCE SCHEME
CAPITAL ALLOWANCES