Scheme saves water, saves money, saves tax
February 1st 2010 Customers of Tennant UK can
now boost their cash flow, reduce
water use and reduce water bills
through the DEFRA (Department
of Environment, Food and Rural
Affairs) Enhanced Capital
Allowance Scheme for
Water Efficient
Technologies.
100% first year
capital allowance can
be claimed on
investments in
technologies and
products that encourage
sustainable water use.The whole
cost of the investment can be
written off against the taxable
Nilfisk has been working with
ICCMA and DEFRA to define the
ECA scheme (mentioned at the
top of the page) which
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
are entitled to use the WTL logo
where appropriate.
All companies, irrespective of
size or industry segment,
can claim. Claims can
only be made on
investments in new
and unused plant and
machinery.The Nilfisk
group claims to have
the greatest
number of water
efficient scrubber dryers
approved on the Water
Technology List. A total of 49
Nilfisk models are now certified
and listed on the ECA WTL web
site www.eca-water.gov.uk.
Models range from the 450mm
BA451 through to the 860mm
ride on scrubber dryer the BR855.
Models are approved with the
benefit of the automated
chemical dosing system EDS - Eco
Dosage Solution.
profits of the period during
which the investment was made,
rather than spreading it over up
to 12 years.
The scheme
covers all Tennant
pedestrian FaST
and ec-H20
machines
purchased since
September 2009.
"We see this as
another important
step in partnering
with our customers to
achieve sustainable cleaning and
cost efficiency," says Nick
Meredith, general manager UK
and Ireland."Now, more than
ever, companies are having to
tightly manage their budgets,
and to have the opportunity to
help improve our customers' cash
flow while maintaining their
environmental commitment is a
positive step forward for
everyone."
Qualifying technologies have
to meet defined water saving
criteria.They will be published in
a list on the DEFRA website and
the criteria will be reviewed on
an annual basis. All allowances
are due in the first year. More articles from Tennant UK Limited: | 
