To take action against global warming and comply with the climate plan, the Finance Act for 2019, published in the Journal Officiel (French government register) on 30/12/2018, includes two measures to reduce the use of HFC refrigerants:
Eligible uses: refrigeration, air conditioning and heat pumps.
For an eligible purchase of €100,000 depreciated over 10 years, you can depreciate a further €40,000, resulting in a corporate tax reduction of €13,000 over the depreciation period, supposing a 33.3% tax rate.
The additional depreciation and future HFC tax are mechanisms designed to incite companies to invest in durable technology and replace equipment containing HFCs. Such renovations can help reduce a plant’s carbon footprint.
Please contact us if you would like advice on our ILICO2 solutions: durable, low carbon impact technologies suited to your processes which contain natural refrigerants (CO2, NH3, hydrocarbon) or pure HFO (R1234ze).
As a leading and committed player in the refrigeration sector with over 1,000 natural refrigerant systems installed, ENGIE Axima provides vital support to help you make the right decisions in a rapidly changing and complex regulatory environment.