Accelerated capital allowance and Triple E Grant
••••• Authority
An authority
A tax incentive scheme in Ireland that allows businesses to deduct the full cost of energy-efficient equipment and alternative fuel vehicles from taxable profits in the year of purchase, accelerating capital allowances compared to standard depreciation schedules. Eligible applicants include sole traders, farmers, and companies paying corporation or income tax on trading/professional income.
About this grant
The Accelerated Capital Allowance (ACA) is a tax incentive scheme that promotes investment in energy efficient products and equipment in Ireland. The scheme allows sole traders, farmers, and companies that pay corporation tax or income tax on trading or professional income to deduct the full cost of qualifying equipment from their profits in the year of purchase, thereby reducing their taxable profits. This contrasts with the standard Wear and Tear Allowance, which spreads the same tax reduction evenly over an eight-year period. …
Unlock the funder, link and full detail
Create a free account to unlock 3 full listings a month, including the funder name, the application link and the complete programme detail.
Frequently asked questions
- Who can apply for Accelerated capital allowance and Triple E?
- Eligibility covers organisations in IE; startup, sme, large-company, individual, nonprofit. The full eligibility conditions are part of the Pro detail.
Relevant sectors
Free accounts unlock 3 listings a month · Pro unlocks all