Clean Buildings Tax Credit
Tax creditBritish Columbia
A refundable provincial income tax credit for businesses and individuals that retrofit eligible commercial and multi-unit residential buildings to improve energy efficiency. The credit equals 5% of qualifying expenditures on retrofits that meet energy-use intensity targets, and applies to buildings with four or more units located in British Columbia.
What you'll need
- Proof of permanent establishment in B.C. or residency status
- Building location and classification documentation
- Retrofit project agreement dated after February 22, 2022
- Detailed list of qualifying expenditures with invoices
- Ministry of Finance certification of the retrofit
- Energy use intensity calculation and certification