ARTICLE

Clean green & pay less tax

25 January 2013

The Government is encouraging the use of green technology by setting up tax incentive schemes for companies who purchase qualifying equipment. The initiative encourages the use of environmentally friendly cleaning mach

The Government is encouraging the use of green technology by setting up tax incentive schemes for companies who purchase qualifying equipment. The initiative encourages the use of environmentally friendly cleaning machines and in particular water efficient scrubber driers, encouraging businesses to invest in water saving technology. Nilfisk has been working with ICCMA and DEFRA to define the scheme.

The ECA scheme (enhanced capital allowance) allows businesses to claim the whole cost of the qualifying equipment against corporation tax in the first year. For larger Companies this allows them to save 28% in the form of a tax allowance.

Qualifying machines are listed, by model, on the Water Technology List (WTL) and the manufacturers entitled to use the WTL logo where appropriate.

The Nilfisk group claims to have the greatest amount of water efficient scrubber driers approved on the Water Technology List.
 
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