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Scrap VAT on rooftop solar to boost demand – tax expert

Experts are concerned about how the government will introduce solar panel tax breaks, amid the country’s struggle for energy.

John Perlman speaks with Charles De Wet, a VAT specialist at ENS Africa.

Finance Minister Enoch Godongwana’s upcoming budget speech is likely to contain an announcement on how tax incentives for solar panels will be implemented.

As a solution to the country’s embattled energy grid, the government is incentivising households and businesses to install rooftop solar panels by offering tax rebates.

Source: www.capetalk.co.za

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