Conservation Tillage Refundable Tax Offset

Overview

Between 1 July 2012 and 30 June 2014, primary producers who purchased new conservation seeding equipment and received a Research Participation Certificate could apply to the Australian Taxation Office (ATO) for a 15 per cent refundable tax offset.

The Conservation Tillage Refundable Tax Offset (RTO) initiative was part of the Carbon Farming Futures program and was designed to encourage conservation tillage practices in Australian agriculture.

The RTO was jointly administered by the ATO and the department. The ATO was responsible for all matters relating to eligibility and the issuing of the offset through the taxation system. The department was only responsible for administering and issuing of Research Participation Certificates.

Following the repeal of the RTO legislation on 17 July 2014, the department no longer issued Research Participation Certificates.