Cowgills

What’s the difference between the British Industrial Competitiveness Scheme (BICS) and the Energy Intensive Industries (EII) scheme?

While both schemes are designed to help reduce electricity costs for UK industry, there are some important differences when it comes to eligibility and the level of support available.

In this Short, Sacha Hargreaves - Brown, Indirect Tax Assistant Manager at Cowgills, explains how BICS opens support to a wider range of manufacturing sectors, how its eligibility test differs from the EII scheme, and why the British Industry Supercharger can make EII more valuable for businesses that qualify.

If your business operates in manufacturing or is already considering EII or BICS eligibility, understanding the difference between the two schemes could be important when assessing the support available.

If you're ready to take advantage and save money click the link below, fill in our short form and we'll be in touch ⬇️

https://www.cowgills.co.uk/british-industrial-competitiveness-scheme/

Who does the British Industrial Competitiveness Scheme (BICS) actually apply to?

The short answer: manufacturers.

But it’s not just the traditional heavy industries you might associate with the existing EII scheme. BICS is expected to cover a much wider range of manufacturing sectors, including automotive, aerospace, defence, pharmaceuticals and electronics, amongst others.

In this short video, Sacha Hargreaves - Brown, Indirect Tax Assistant Manager at Cowgills gives a quick overview of who could qualify.

If you’re a manufacturer, it’s definitely worth understanding whether your sector and products fall within the scheme.

To take advantage and save money click the link below, fill in our short form and we'll be in touch ⬇️

https://www.cowgills.co.uk/british-industrial-competitiveness-scheme/

Could your manufacturing business cut its electricity bill by up to 25%?

The British Industrial Competitiveness Scheme (BICS) is a new Government scheme designed to reduce electricity costs for eligible UK manufacturers by removing certain policy-related charges from their energy bills.

Paul Hammond at Cowgills explains here what BICS is, why it has been introduced and the potential savings available to qualifying businesses.

If you’re a UK manufacturer, understanding whether your business qualifies could result in significant energy cost savings.

If you're ready to take advantage and save money click the link below, fill in our short form and we'll be in touch ⬇️

https://lnkd.in/eQPpwrWi