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Winter 2022 09 www.hae.org.uk www.eha.org.uk Cambridgeshire-based Trime, manufacturer of a range of sustainable equipment for industry, has reminded rental firms that they have until the end of March to take advantage of the UK Government’s ‘super- deduction’ 130% capital. Super-deduction is available for all businesses that invest in main rate plant and machinery. The company will then qualify for a 130% capital allowance deduction. It is believed to be the most attractive tax incentive for business investment ever offered by a UK Government. Super-deduction will cease in April 2023 and the company has stated that all firms should check their eligibility directly with HMRC or in consultation their accountants. Trime’s Managing Director Paul Hay said some customers had already taken advantage of the scheme to purchase a X-WASH plant cleaning bay and anyone else that does this before April next year will be able to set the investment against its corporation tax bill. “If a company invests and installs one of our X-WASH wash bays, they are likely to be able to claim 130% capital allowance against their tax bill. Several of our clients have already successfully completed their applications,” he said. The Trime X-WASH wash bay is an ecological, flexible cleaning system for most types of plant and machinery. It prevents soil pollution and contamination of drains, from oil, grease, and similar chemical contaminants commonly associated with the regular cleaning of off- hired equipment. Trime UK offers a complete delivery, installation, and training programme for all purchasers of the X-WASH system and a training video is also available. The environmental qualities of their X-WASH wash bay have been formally recognised by the The Green Organisation and it is expected to be of particular interest to companies looking to gain SafeHire accreditation. Its anti-pollution features and recycling capabilities eliminate water pollution. Shadow Chancellor Rachel Reeves has been given a detailed insight into JCB’s £100 million investment in hydrogen engines. The development of the hydrogen combustion engine is being undertaken by a team of more than 100 engineers at JCB Power Systems in Foston, Derbyshire. The Leeds West Labour MP toured the engine plant, where she was shown the production area and detailed testing processes involved in developing the engine. Accompanied by General Secretary of the GMB Union, Gary Smith, she later watched a demonstration of a prototype backhoe loader powered by a hydrogen combustion engine. She then tried her hand at refuelling the machine with hydrogen. The MP said: “I saw first-hand how hydrogen combustion engines can play an important role in decarbonising the construction industry and agriculture. It’s clear that zero carbon technologies are the way forward for Britain.” JCB Chairman Lord Bamford said: “It was a pleasure to show the Shadow Chancellor the great strides our British engineers are taking in developing a solution to power our machines in the future. They need to be powered by something other than fossil fuels in the years to come and super-efficient, affordable, high-tech hydrogen engines with zero emissions can be brought to market quickly using our existing supply base.” JCB’s emergence as a leader in zero-emission hydrogen technology comes as governments around the world unveil strategies to develop the infrastructure needed to support the use of hydrogen to drive down CO2 emissions. JCB has manufactured engines since 2004, producing them at plants in Derbyshire and in Delhi, India. Last year JCB celebrated a major milestone: the production of its 750,000th engine. >> TIMELY REMINDER ON TAX ‘SUPER DEDUCTION’ SHADOWCHANCELLOR’S INSIGHT INTO JCB’S HYDROGENTECHNOLOGY