Is solar energy taxable?

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Apologies for the lack of posts here recently. All my writing energy has been going in to my next work-related book, due out the middle of the year. Once I’ve got those 200+ pages done, I can get back to some blogging.

In the meantime, I came across a great post that answers the question: residential solar power: is the income taxable?

This is highly relevant, as I’m sitting here waiting for Energy Australia to put in our new energy meters this morning. The good news is that the answer is generally “no”, the income isn’t taxable. Phew!

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One thought on “Is solar energy taxable?

    Marc said:
    May 17, 2010 at 1:04 pm

    http://www.ato.gov.au/rba/content.asp?doc=/RBA/Content/92788.htm
    This lays out the reasoning the ATO followed in the private ruling reffered to. Note that it is not binding on the ATO for anyone other than the taxpayer they originally issued it to, but it does lay out their current reasoning.

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