CA23155 - PMA: FYA: Expenditure on natural gas and hydrogen refuelling equipment

CAA01/S45E

Expenditure on new plant and machinery installed at a gas refuelling station to refuel vehicles with natural gas or hydrogen fuel can qualify for 100% FYAs. The refuelling station does not need to be open to the public, or used for cars. For example, an operator of a fleet of commercial vehicles may install a gas refuelling station on its premises to refuel its lorries. The costs could qualify for FYAs.

Eligible equipment can include:

• storage tanks;
• compressors;
• controls and meters;
• gas connections; and
• filling equipment.

The expenditure must be incurred between 17 April 2002 and 31 March 2008.

The legislation is in FA02/S61 and FA02/SCH20, which inserts a new Section 45E into CAA01.