Yukon’s Carbon Price Rebate Program: Super Green Credit for Businesses
No fixed amount
Rebate
Description:
The Super Green Credit supports your business as we transition to a cleaner economy. To further encourage future investments in clean technology and equipment, eligible assets have now been expanded to include (but are not limited to):
– zero-emission vehicles
– electric vehicle charging stations
– air-source heat pumps
– pumped hydroelectric storage equipment
Comments on Funding:
Continuous Intake
Eligibility:
Applicants must have the following eligible assets have now been expanded to include (but are not limited to):
1. zero-emission vehicles;
2. electric vehicle charging stations;
3. air-source heat pumps;
4. pumped hydroelectric storage equipment.
Eligible assets are listed under CCA classes 43.1, 43.2, 54, 55 and 56. For details see classes of depreciable property on the Government of Canada website or seek professional advice.
The full list of eligible assets is available in Schedule II of the federal Income Tax Regulations.
Application Steps:
Applicants must:
1. Contact CRA for T1 tax return applications:
a) Phone 1-800-959-8281.
b) If you’re within the Yukon’s 867 area code, you can phone the CRA Northern Service Centre 1-866-426-1527.
2. For T2 tax return applications:
a) Phone 1-800-959-5525.
b) If you’re within the Yukon’s 867 area code, you can phone the CRA Northern Service Centre for businesses 1-866-841-1876.
Documentation Needed:
Applicants must submit their respective income tax returns:
1. Corporations: T2 corporation income tax return.
2. Individuals with unincorporated businesses: T1 income tax return.
3. Trusts: Refer to the T3 Trust Guide (Canada.ca), for the required documentation.
Other Things to Note:
This program is also administered by the Canada Revenue Agency (CRA).
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Maurice
