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The Enhanced Capital Allowance (ECA) scheme provides a 100 percent first-year allowance for investments in low energy lighting. The first year allowances let businesses set 100% of the cost of the assets against taxable profits in a single tax year. This means the company can write off the cost of the new plant or machinery against the business’s taxable profits in the financial year the purchase was made.
ETL managed by the
Energy Technology List (ETL)…
The technology categories of White Light Emitting Diode Lighting Units, High Efficiency Lighting Units and Lighting Controls are covered by the ETL, but are Non-listed products. These products known as non-listed products do not appear on the ETL but do meet the criteria and still qualify for an ECA.
Why is LED lighting not on the list but does qualify for the Enhanced Capital Allowance?
Answer: Some technologies (such as LED Lighting) are so numerous that listing them individually is not practical. Products such as lighting are not listed on the ETL.
Investments in white light emitting diode lighting units can only qualify for Enhanced Capital Allowances if the products meet a number of eligibility criteria set out in an ‘Energy Technology criteria List’ (ETCL). The individual products purchased therefore do not need to be named on the Energy Technology Product List.
The purchaser will need to obtain from the supplier a statement to say that the product supplied meets the eligibility criteria in force at the time of purchase. This can then form the basis of the supporting evidence for the tax claim.
Supporting evidence documentation can be obtained from Luxum Led Ltd on request. (proof of purchase required)
The ECA is claimed through a company's income or corporation tax return in the same way as any other capital allowance. HMRC is responsible for the tax-related aspects of the ECA scheme. Buying energy efficient lighting will reduce the overall cost of energy.