On16 September the South African Revenue Service (SARS) announced the publication of the “DA180 Environmental Account for Carbon Tax - External Manual”, and “Excise External -Completion Manual - DA 180 and Annexures - Carbon Tax - External Policy”.
According to the “DA180 Environmental Account for Carbon Tax - External Manual”, effective from 16 September, the “Summary Of Main Points” are: (a) The policy applies to licensees of emissions facilities that generate carbon emissions liable to Carbon Tax (CBT) in South Africa (SA). (b) This policy does not cover: (i) eAccount on eFiling for Excise as this is dealt with in document EA-01-M01; (ii) SARS payment rules as this is dealt with in document GEN-PAYM-01-G01; (iii) Declaration and Return submission via eFiling as this is dealt with in document SE-ACC-02-M02; (iv) Submission of accounts / returns as this is dealt with in document SE-ACC-05; (v) Licensing and Registration requirements as these are dealt with in document SE-LR-02; (vi) Prescribed payment rules as these are dealt with in document SE-PAY-02; and (vii) The completion of the DA 180 and annexures – Environmental Levy account for Carbon Tax as this is dealt with in document SE-CBT-03-M01.
According to the “Excise External - Completion Manual - DA 180 and Annexures - Carbon Tax - External Policy”, effective from 16 September, the “Scope” is: (a) The manual will assist business entities that generate carbon emissions liable to Carbon Tax in South Africa (SA); and (b) The business entity will find herein guidance to each field requirement as it appears on the DA 180 and its relevant annexure(s).
The External Manual and the Completion Manual are accessible at:
?https://www.sars.gov.za/AllDocs/OpsDocs/Manuals/SE-CBT-03-M01%20-%20DA180%20Environmental%20Account%20for%20Carbon%20Tax%20-%20External%20Manual.pdf
Story by: Riaan de Lange