The Energy Investment Tax Deduction Scheme (EIA) provides a direct financial advantage to companies investing in sustainable energy and energy-saving equipment. The EIA is amended yearly. The Energy Investment Tax Deduction scheme allows entrepreneurs to deduct 40% of the purchase/production costs for energy-saving equipment from their company's profits for the year in which the equipment was purchased, up to EUR149m annually.
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Energy Investment Tax Deduction Scheme (EIA)
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.