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Water Meters Qualified for Enhanced Capital Allowance (ECA)


Date: 04.10.2010

As exclusive UK Distributor for the Sensus range of Cold Water Meters, Stream are pleased to announce that its entire range of approved water meters also qualify for Enhanced Capital Allowance.

This means that buyers of the 620, WPD and new MeiStream and MeiStream Plus are eligible to claim back 100% of their first year investment costs through the Enhanced Capital Allowance Scheme run by DEFRA and HM Revenue and Customs in partnership with Envirowise.

The Enhanced Capital Allowance (ECA) scheme provides a 100 per cent first-year allowance for investments in certain water efficient plant and machinery. It enables businesses to write off 100 per cent of the cost of qualifying plant and machinery against taxable profits in the year of purchase. This can bring significant financial savings and reduce your business' impact on the environment.

Eligible products are detailed on the Water Technology List (WTL) and products such as the 620 residential water meter, Meistream and WPD bulk water meter are all listed and in stock at Stream.

Stream's water meter portfolio enables your business to claim 100 per cent first-year allowances, ie tax relief, on investments in certain technologies and products, claiming an ECA means that you can write off (deduct) the whole cost of purchasing a qualifying water-efficient technology against your taxable profits in the year you made the purchase. For more information,  how to claim an ECA for water efficient products click on the link.

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