News

Bosch products on the energy-efficient tax scheme

 

Bosch announced that the GB162 V2 is now part of the Energy Technology Product List, meaning purchasers are eligible for the Enhanced Capital Allowance tax scheme for businesses. As businesses invest in certified energy efficient technologies, they are allowed by the UK Government to claim first year allowances of 100% of the cost of the purchased capital equipment against Corporation Tax in a single tax year. Businesses that take advantage of the scheme get a full tax refund in the first year of purchase, meaning a tax efficient as well as an energy efficient purchase. To take advantage of this, a business just reports the purchase on their corporation tax return in the same way as any other capital allowance. Contact Aqua gas for more details on any Gas boiler Installation in Torbay for either the home or business.