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Conservation tillage refundable tax offset

The government introduced for three years, a refundable tax offset (RTO) for eligible new depreciating assets used in conservation tillage farming practices. These practices use methods that reduce soil disturbance, increase soil nutrients, reduce water loss and protect against wind erosion and land degradation.

Qualifying primary producers may be entitled to a RTO of 15% of the cost of a new eligible no-till seeder ('eligible seeder'). The RTO is only available for eligible seeders installed and ready for use between 1 July 2012 and 30 June 2015. After 1 July 2015, the refundable tax offset will be repealed.

The bills in the Clean Energy Legislative Package have received royal assent and proclamation of their commencement dates.

Media release

Refer to the following:

joint media release Clean energy reforms receive royal assent issued on 9 December 2011 by the Deputy Prime Minister and Treasurer, and the Minister for Climate Change and Energy Efficiency
joint media release Climate change framework announced issued on 24 February 2011 by the Prime Minister and Minister for Climate Change and Energy Efficiency
joint media release Securing a clean energy future for Australia issued on 10 July 2011 by the Prime Minister, Deputy Prime Minister and Treasurer, and the Minister for Climate Change and Energy Efficiency.

Legislation and supporting material

Clean Energy (Consequential Amendments) Act 2011 and Explanatory Memorandum received royal assent on 18 November 2011.

More information

For more information see:

Clean energy future and Clean energy initiative - overview at www.ato.gov.au
Conservation tillage refundable tax offset at Department of Agriculture, Fisheries and Forestry at www.daff.gov.au

Further information on the clean energy initiative can also be found at Department of Climate Change and Energy Efficiency or by phoning 1800 057 590.

Last Modified: Wednesday, 2 May 2012

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