SA’s largest tax enhanced solar fund closes at R300m as demand for alternative energy surges
By BR Reporter | Published Aug 2, 2023
To attract investment, the Minister of Finance expanded the Section 12B tax incentive to enable investors to claim up to a 125% up-front tax deduction for all renewable energy projects brought into use for the first time between March, 1, 2023 and February, 28, 2025.