Explanatory note

This Order amends the Capital Allowances (Energy-saving Plant and Machinery) Order 2018 (S.I. 2018/268) (the “Principal Order”). The Principal Order implemented legislation providing a scheme for 100% first-year allowances to encourage businesses to invest in energy-saving plant and machinery. The Principal Order specifies energy-saving plant and machinery eligible for the scheme by reference to the Energy Technology Criteria List and the Energy Technology Product List issued by the Secretary of State for Business, Energy and Industrial Strategy. These lists have been revised and replaced by new lists issued on 26 February 2019.

Article 2 amends the definitions of the “Energy Technology Criteria List” and the “Energy Technology Product List” to refer to the new lists, which are available on the Department of Business, Energy and Industrial Strategy’s website at https://www.gov.uk/guidance/energy-technology-list. Copies are available from Jonathan Hayward, [email protected], BEIS Energy Technology List Team, 1 Victoria St, Westminster, London SW1H 0ET.

A Tax Information and Impact Note covering this instrument was published on 29 October 2018 alongside the Autumn Budget 2018 and is available online at https://www.gov.uk/government/collections/tax-information-and-impact-notes-tiins. It remains an accurate summary of the impacts that apply to this instrument.