Tax Breaks for Green Buildings

Description

Note: According to the May 2012 Budget the Program will not go ahead.

From 1 July 2012, eligible businesses that invest in improving the energy efficiency of their existing buildings will be able to apply for a Tax Break. The Tax Break will cover specified expenditure which is incurred as part of a qualifying retrofit of an existing office building, hotel or shopping centre.

The retrofit must be assessed by an accredited National Australian Built Environment Rating System (NABERS) assessor before and after the project. To be eligible for the Tax Break, the building must achieve a significant improvement in energy efficiency.

Topics

commercial buildings, energy efficiency

Availability

All Australia

Offered by

Australia - Department of Climate Change and Energy Efficiency

Offered to

commercial building owners

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