Loans & Capital Allowances

The Carbon Trust no longer offers interest free loans but is still in operation and has funding available by Siemens Finance at competitive rates of interest. It is generally an easy loan to obtain. The payments are still offset against your savings and so you are normally in a positive equity situation.

 

www.carbontrust.co.uk

The Enhanced Capital Allowances (ECA)

This scheme is designed to encourage businesses to invest in low carbon technologies and is run by the Carbon Trust on behalf of DEFRA and the Inland Revenue. The ECA scheme enables businesses to write off 100 % of their first year capital investment in energy saving technologies against their taxable profit for the same period of the investment.

 

www.eca.gov.uk

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