Further delay for carbon tax bill

The national treasury’s June
promise that the next draft
Carbon Tax Bill was to be
expected by late August or
September this year has not
been fulfilled as yet.
According to Siya
Mkhize, associate at the
legal firm, Shepstone and
Wylie, it must appear no
later than the end of this
month or early next if the
further deadlines are to be
adhered to.
“It has to be ready to go
through by January 2017
if the June deadline for the
implementation of the tax
payments is to be met,” he
added.
However, the treasury
added that the regulations
and guidelines on the
reporting and monitoring of
greenhouse emission gases
must first be finalised for
the carbon tax to go ahead.
And just how that is
progressing still remains
unknown.