We have made a supplementary submission to our recent Pre-Budget 2020 Submission. It follows on from the Department of Finance’s Tax Strategy Group Paper 04/19 Climate Action and Tax.
Chapter 4 of that Paper examines a possible tax measure designed to incentivise domestic energy efficiency retrofits. It mirrors the old Home Renovation Incentive tax credit, which was not available to homeowners in multi-unit developments for renovation expenditure on estate common areas.
Our supplementary submission calls for equal tax treatment of all homeowners, regardless of whether their home is a house, or a home such as an apartment or duplex in a multi-unit development.
Read our supplementary submission here.