Tax breaks for rooftop solar fall short, says industry

The National Treasury has announced two tax relief measures to encourage businesses and individuals to invest in renewable energy and increase electricity generation as part of the R13bn allocated for tax breaks in the 2023 national budget.

The budget made provision for R4bn in relief for households that install solar panels and R5bn for companies through an expansion of the renewable energy incentive...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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Budget 2023's big news: Eskom debt, solar tax bonanza and tough choices | BusinessBudget2023 | This year's National Budget, delivered on Wednesday, was dominated by SA's power woes, with Finance Minister Enoch Godongwana announcing that government will take over a large part of Eskom's debt. | News24_Business _Business Thought Eskom is already owned by tgd Government? _Business Christ almighty the ANC gave fuqqd up big time _Business None of this would have happened under Capitalism, South Africa is sinking deeper into debt while there's far easier options to grow wealth and the entire economy to benefit everyone....
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