Category
A:
Replacement Machines and Equipment Under
this category, the capital expenditure incurred by purchasing energy efficient
equipment to replace old, inefficient ones could be depreciated in 1 year instead
of 3. In other words, you would pay less tax in the first year (example).
To qualify, the replacement equipment must fall under the List of Approved
Replacement Machines and Equipment. If you qualify for this category, please
refer to the application procedures provided below.
List
of Approved Replacement Machines and Equipment - any
air-conditioning system
- any boiler
- any water pumping system
- any
washing or dry-cleaning machine system
- any
refrigeration system
- any lift or
escalator
- any instant hot water
system
Application
Procedures
|
1. |
Check
that the equipment installed is in the List of Approved Replacement Machines and
Equipment. |
|
2. |
Download
the application form for Category A. |
|
3. |
Engage
a Professional Engineer to complete or endorse the evaluation
report. |
|
4. |
Submit
the completed application form and the supporting invoices
to the Inland Revenue Authority of Singapore (IRAS) when making your tax submission.
|
|
5. |
Forward
a copy of the application form and the evaluation report to: |
|
|
Head
(Resource Conservation Department)
National Environment Agency
40 Scotts
Road #11-00 Environment Building
Singapore 228231 |
|
