SARS will use info from solar installers to make sure you qualify for tax rebates | Business

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For taxpayers looking to benefit from tax credits for solar PV installations, SARS wants to use third-party information from solar PV installers to determine if you qualify for a rebate. | LameezOmarjee

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SARS issued a draft notice for public comment in March on its proposal to list solar PV installers as third parties providing information for tax returns, and these service providers will need to provide information on the installation of new and unused solar panels for"domestic purposes." It seems evident that SARS is strengthening its oversight to improve tax compliance, and it seeks information such as income tax reference numbers.

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

LameezOmarjee Those who has installed solar power system will tell you the biggest cost is in the batteries, lithium ion battery to be specific.Example of a politician deciding on a rebate on a subject that he has no clue. What about people who require it for medical purposes no mention there.

LameezOmarjee Sums up SA, Red tape - amount of PT for many installers will just discourage alot of uptake. Also taxpayer will only find out if SARS agrees qualify 4 rebate after money has been spent, sneaky If gave a Larger credit I wld understand or for wider equipment, it only for PV.

LameezOmarjee And to trace and tax you.later on using the sun and not eishkom! Keep your 15 000

مصر أحدث الأخبار, مصر عناوين

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