On 17 May the South African Revenue Service (Sars) announced that Form DA180 and annexures had been added to the draft rule amendment notice and related forms - Environmental Levy in respect of Carbon Tax imposed in terms of the Carbon Tax Act, 2019. As a consequence, the period for comment is extended until 14 June.
DA 180 - Environmental Levy Return for Carbon Tax, DA180.01A.1 - Fuel combustion stationary source; DA180.01A.2 - Fuel combustion non-stationary source; DA 180.01B - Fugitive emission source; DA 180.01C - Industrial process source; DA 180.02A.1 - Fuel combustion stationary: Allowances; DA 180.02A.2 - Fuel combustion non-stationary source: Allowances; DA 180.02B - Fugitive emission source: Allowances; and DA 180.02C - Industrial process source: Allowances.
Draft rules were inserted for implementation of the carbon tax to provide details on the envisaged carbon tax administration including the registration of clients, licensing of emissions facilities, carbon tax environmental levy accounting and application of allowances as rebates, all of which need to be synchronised with the essential systems development.
Sars noted that Form DA 180 - Environmental Levy Return for Carbon Tax and annexures had now been uploaded, and that this account only needed to be submitted in July 2020.
Story by: Riaan de Lange