Eskom has once again announced that it will not meet pollution standards for 14 of its coal power stations. Although Eskom has already been given permission to postpone its compliance with the Air Quality Act’s minimum emission standards, and despite overwhelming evidence of the devastating health impacts of its emissions, it now plans to ask the Department of Environmental … [Read more...]
How to save on tax through your energy efficiency
A special tax incentive to save energy was promulgated on 1 November, but how does that work? We are talking about the “Regulations in terms of Section 12L of the Income Tax Act, 1962, on the allowance for energy efficiency savings.” The allowance is for the purpose of determining the taxable income derived by any person from carrying on any trade in respect of any year of … [Read more...]