n Tax Breaks Newsletter - Electricity levy to be introduced
|Article Title||Electricity levy to be introduced|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Oct 2008|
SARS has recently published draft legislation regarding the imposition of an environmental levy on electricity. Due to come into effect from 1 October 2008, it will be imposed on electricity generated in South Africa at a rate of 2c per kW/h.
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