The measure

The list of assets qualifying for the accelerated 100% first-year allowance for energy-saving or environmentally-beneficial (water-efficient) plant and machinery will once again be updated to include a further technology: heat pump-driven air curtains.

The criteria for eleven technologies will be revised and three technologies (combustion trim controls, energy saving controls for desiccant air dryers and sequence controls) will be removed from the scheme.

Who will be affected?

Businesses investing in these specific items of equipment.

When?

From a date to be appointed by Treasury Order before the summer 2012 Parliamentary recess.

Our view

The impact of this measure is likely to be limited.

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