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REVISED SARS TAX RULES POSITIVE FOR CUSTOMERS

Wed, 15 Jul 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
Tagged under: SARS, solar panels, Solar Power

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