Global Trade Alert
Global Trade Alert

South Africa: Government increases renewable energy tax incentives

Announcement

22 Feb 2023

In February 2023, the government of South Africa announced a ZAR 5 billion (USD 275 million) expansion of the renewable energy tax incentive scheme.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 Mar 2023

Revocation date:

28 Feb 2025

Tax or social insurance relief

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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