On 30 July the South African Revenue Service (SARS) informed of the Notices and Regulations relating to the Carbon Tax Act, 2019, which are:
- Notice 692 – Renewable energy premium in respect of any tax period ending on 31 December 2019 for the purposes of symbol 'B' in section 6(2)
- Notice 691 – Regulations on the greenhouse gas emissions intensity benchmark prescribed for the purpose of section 11
- Notice 690 – Regulations on the allowance in respect of trade exposure in respect of carbon tax liability under section 10
The Carbon Tax Notices are accessible at:
https://www.sars.gov.za/Legal/Secondary-Legislation/Pages/Carbon-Tax-Notices.aspx
Story by: Riaan de Lange