HZS Zenith Scroll Packaged Condensing Units

The FIRST ECA qualifying Packaged Condensing Units

The All NEW HZS Zenith Scroll Range is the World’s first MT Packaged Condensing Unit designed specifically to work with ECA accredited Refrigerated Cabinets. The range offers a distinctive solution to fan speed control through a unique design of PCB - exclusive to Hubbard Products.

The Hubbard Products PEEC system is the subject of a patent application and marks another major ‘Green’ initiative enhancing our position as the leading design and manufacturing innovator within the UK Refrigeration sector.

What is an ECA?

The Enhanced Capital Allowance (ECA) scheme is designed to encourage UK businesses to reduce carbon emissions, which contribute to climate change by encouraging them to purchase Carbon Trust approved energy-saving equipment. The incentive for the retail sector is two fold, firstly, ECA qualifying energy saving- products are certified highly energy efficient and should produce significant long-term financial benefits by reducing energy bills. Secondly, tax breaks provide upfront tax relief, enabling businesses to claim 100% first-year capital allowances delivering a cash flow boost and shorter payback periods on investment. Interest free, unsecured loans are also available to help the retail sector bring its refrigeration and cooling equipment ‘up-to- scratch’.

When combined with a third party ECA qualifying display cabinet Hubbard HZS Zenith Scroll Packaged Condensing Units offer the maximum efficiency for capital outlay and installation costs delivering optimum cash flow.

Capital allowances and ECAs are claimed in a business’s tax return. For tax purposes, your business also needs to keep records of the purchase of plant and machinery, including energy-saving equipment.

Claiming capital allowances and ECAs is straightforward but it’s worthwhile talking to your business’s accountant at an early stage to let them know that your business has incurred qualifying expenditure. The accountant can let you know what records they need you to provide so that they can complete your business’s tax return.

Your business can claim an ECA on the cost of qualifying equipment, transportation of the equipment to the site and for direct installation costs. For more information visit Her Majesty’s Revenue and Customs website at www.hmrc.gov.uk/manuals/camanual/CA23100.htm

Look out for the ETL symbol when procuring new equipment. The symbol shows that a product has been independently assessed against published criteria and is on the ETPL.

The ONLY way to save tax on your complete cooling package - HZS MT Zenith + ETL Cabinets + Delivery + Installation

Interest free loans

The Carbon Trust offers interest free Energy-Efficiency Loans for the purchase of energy-saving equipment. Loans and ECA can be used together. Loans are a cost effective way to replace or upgrade your existing equipment with a more energy efficient version.

Small and medium sized enterprises can borrow from £5,000 to £100,000* on an unsecured basis and payable over a period of up to four years. There are no arrangement fees and applying is straightforward.

Go to www.carbontrust.co.uk/loans to find out more.

Information for purchasers

For businesses with questions about the ECA scheme or the ETL please visit www.eca.gov.uk/energy, or contact the Carbon Trust Customer Centre on 0800 085 2005 or email: customercentre@carbontrust.co.uk

For tax enquiries relating to the ECA scheme, please contact Nick Williams at HM Revenue & Customs on 020 7147 2541, or email nicholas.williams@hmrc.gsi.gov.uk or visit: www.hmrc.gov.uk/manuals/camanual/CA23100.htm

For further advice or assistance call the Hubbard Sales Helpline 01473 892289

For prices and further information please contact Hubbard Products on 01473 892289