If your South African business is considering a renewable energy project, now is the ideal time to act before the 12B tax savings benefit falls away. What is the 12B tax benefit? The 12B tax incentive allows businesses to deduct 125% of their capital investment in solar energy from their taxable income. Don’t wait – act nowWith the 12B tax benefit set to expire soon, the window to act is rapidly closing. Contact RenEnergy today to explore how solar energy can benefit your business and lock in these significant tax savings.

Source: The North Africa Journal October 14, 2024 06:03 UTC