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  1. #1
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    george
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    Default Solar generation residential tax incentive

    Hi everyone, not sure if this is just for the Western Cape, or if there are other aspects i am missing. If we run a business from home, or not, is there some sort of tax benefit, personal tax perhaps?

    https://blog.solecsa.co.za/blog/sout...tax-incentives

  2. #2
    Join Date
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    Default Re: Solar generation residential tax incentive

    Quote Originally Posted by ezee rider View Post
    Hi everyone, not sure if this is just for the Western Cape, or if there are other aspects i am missing. If we run a business from home, or not, is there some sort of tax benefit, personal tax perhaps?

    https://blog.solecsa.co.za/blog/sout...tax-incentives
    Yes, their is, but not personal, only business.

    Finer details escape me, the article gives a good idea though.
    Speak to your accountant/auditor.
    Last edited by the_terrible_triplett; 2021/07/20 at 09:55 PM.
    Political Correctness
    Political Correctness is a doctrine, fostered by a delusional illogical minority, rabidly promoted by a unscrupulous mainstream media which holds forth the proposition that it is entirely possible to pick up a turd ... by the clean end!

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  4. #3
    Join Date
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    Default Re: Solar generation residential tax incentive

    Never knew of this, can work for me with my future plans.
    From the article it looks like it's basically just for the installation and transport costs which can be quite a sizable chunk.
    "The problems we have today is because the guys who work for a living are outnumbered by those who vote for a living." - Magnus Heystek

  5. #4
    Join Date
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    Default Re: Solar generation residential tax incentive

    and only for new plant installation
    you cannot fit to existing plant

  6. #5
    Join Date
    Aug 2009
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    george
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    Default Re: Solar generation residential tax incentive

    After some research the results are in.....It is not worth it to claim any form of expense for a solar system in/on your house as you can only claim the area you 'work' from and when you sell capital gains is payable on that area. For businesses its a different story.

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