Water Infrastructure Rebates

Emergency Water Infrastructure Rebate Scheme

Costs incurred from 1st July 2018 may be eligible for a rebate of 25%, up to a maximum of $25,000 per farm enterprise. The rebate is applicable to new purchases and installation of:

• pipes

• tanks and troughs associated with stock watering

• water pumps

• de-silting works of existing dams

• drilling new stock water bores and associated power supply eg generators

• material or equipment necessary to install infrastructure (excluding the purchase of machinery)

• any freight component to purchase and install the equipment

• professional installation costs to install infrastructure

For more details including Eligibility Criteria and how to apply, contact one of our advisors or visit

https://www.raa.nsw.gov.au/grants/emergency-water-infrastructure-rebate-scheme

Income Tax Concessions - Immediate Write Off of Water Facilities

From 12th May 2015 an IMMEDIATE DEDUCTION has been available for expenditure on water facilities primarily and principally for conserving or conveying water for use in a primary production business.

Water facilities include:

• dams

• tanks

• bores

• irrigation channels

• pumps

• water towers

• windmills

For more information on the ATO's treatment of water facility expenses incurred by primary producers visit

https://www.ato.gov.au/Business/Primary-producers/In-detail/Capital-expenditure/Water-facilities/

We note the above information is general in nature. You should seek professional advice on how this could be applicable to your circumstances.