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South Africa: Government increases renewable energy tax incentives

Description

On 22 February 2023, the South African government announced a temporary expansion of the renewable energy tax incentive scheme. The expansion amounts to ZAR 5 billion (USD 275 million) in tax support ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Mar 2023

Revocation date

28 Feb 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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