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Revised energy technology criteria list given statutory force

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The Capital Allowances (Energy-saving Plant and Machinery) (Amendment) Order, SI 2013/1763, has been published. This amending order gives statutory force to the revised energy technology criteria list and energy technology product list with effect from 7 August 2013. These lists specify energy-saving technologies and products which qualify for 100% first year plant and machinery capital allowances. The revised lists add one new sub-technology, update the qualifying criteria for 20 existing technologies and remove four sub-technologies.

In addition, the Capital Allowances (Environmentally Beneficial Plant and Machinery) (Amendment) Order, SI 2013/1762, gives statutory effect to the revised water technology criteria list and water technology product list with effect from 7 August 2013.

Issue: 1179
Categories: News , Corporate taxes
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