REVISED SARS TAX RULES POSITIVE FOR CUSTOMERS
Wednesday, 15 July 2020
by M Solar Power
With SARS Section 12b payback times for Solar PV are now even quicker… The accelerated depreciation allowance on renewable energy is now 100% in the first year. (100%). As from 1 January 2016 SARS Section 12B of the Income Tax Act (South Africa) was amended from a three year (50% – 30% – 20%) accelerated
- Published in Solar Education