Water Tanks and the Enhanced Capital Allowance

We have a range of water tanks that are ideal for businesses that are looking at ways of saving money and reducing their impact on the environment.  What’s more our potable tanks have won DEFRA Approval and can be found on the Water Technology List. So if you are looking at using more efficient water technologies and use one of our tanks you could qualify for the Enhanced Capital Allowance.

The ECA allows businesses to write of the costs of all machinery and plants against taxable profits. Therefore it is a great way of making some significant savings for your company. Our tanks can help you to introduce and maintain the efficient use of water that can be used in various ways such as:

  • Water reuse systems
  • Flow controllers
  • Efficient toilets, taps and showers
  • Cleaning equipment
  • Rainwater harvesting
  • Vehicle wash water reclaim
  • Industrial cleaning equipment
  • Water management

Many sectors can hugely benefit from implementing any of the above technologies such as the water reuse system. Industries such as electronics, food and drink, printing and construction can apply to have their water system certified as eligible for the Enhanced Capital Allowance, and the firm also receives a Certificate of Environmental Benefit that is awarded by DEFRA.

If you are interested in one of our water tanks that are eligible for the ECA, please call us on 01889 567700.  Find out more about the allowance by contacting your tax advisor or the HMRC.

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