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Will ownershave to pay income tax on the FIT payments they receive as an individual householder?

April 26, 2017fit householder individual pay PAYMENTS

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Will ownershave to pay income tax on the FIT payments they receive as an individual householder?

1 Answer

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Mick Gentleman: The Tax commissioner has advised that any income derived from the Feed-in Law will not be taxed. On the other hand, you will not be able to claim expenditure as depreciation.