LS Simple helps firms get 30 per cent of costs back
LS Simple has announced its Simple Intelligent Power Management (Simple IPM) cabling technology which has become the first structured cabling system in the world to be eligible for enhanced tax relief under the UK Enhanced Capital Allowance Scheme (ECA).
The ECA allows firms to claim 100 per cent first-year capital allowances on their spending on qualifying plant and machinery.
This contrasts with a 20 per cent tax rebate rate on the reducing balance system HMRC normally offers firms on their IT capital costs.
The company says that the tax rebate comes on top of the ongoing savings its technology can offer companies using structured cabling technology. And it is putting its money where its mouth is by offering a free trial to any firm that wants to judge the benefits.
So what is Simple IPM? Basically it's an intelligent cabling system that controls its own power requirements and, in doing so, saves companies money in electrical power requirements.
If your company has a data centre, the company reckons on power savings of up to 30 percent. And with electrical bills creeping ever-higher, the savings can really mount up, resulting in a rapid return on investment (ROI) measured in a few years.
And with a 30 per cent instant tax rebate, the ROI timeframes are reduced even further...
By Steve Gold, News Editor
