by VDT Attorneys | Nov 21, 2023 | Property, Sectional Title, Sectional Title Scheme, Solar, Solar Panels
The Sectional Titles Schemes Management Act 8 of 2011 (the Act) accompanied by the Sectional Title Schemes Management Regulations (the Regulations) published on 7 October 2016, regulate the legalities around the powers, rights, responsibilities and obligations of the...
by VDT Attorneys | Aug 28, 2023 | Renewable energy, Solar, Tax Incentive
Section 12B Tax Allowance 2023 financial year Section 12B of the South African Income Tax Act 58 of 1962 (the Act) as it currently stands, provides for an allowance that is claimable on assets used by a taxpayer, for its trade, in the generation of electricity from...
by VDT Attorneys | Jun 27, 2023 | Renewable energy, Solar, Tax Incentive
The Draft Amendment Bill includes a tax rebate for individuals who invests in solar photovoltaic (PV) panels. There are, however, some important considerations and requirements that must be noted in order to ensure compliance with the applicable draft tax laws and for...
