2023 Draft Taxation Laws Amendment Bill (Renewable Energy Incentive)

The National Treasury and the South African Revenue Service (SARS) invites you to comment on the draft legislative amendments to give effect to the two renewable energy tax incentives, announced in the 2023 Budget. These proposals assist in partially addressing the country’s energy crisis and encourage private investment into expanding electricity generation.

Find here: Media Statement: Publication of the Renewable Energy Incentives in the Initial Batch Of the 2023 Draft Taxation Laws Amendment Bill
                    Explanatory Memorandum                

Comments can be emailed to the Nation Treasury’s tax policy depository at [email protected] and SARS at [email protected] by no later than Monday, 15 May 2023.