Unlock massive tax breaks with SA’s 12B solar boom

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In this discussion, Alec Hogg speaks with Mitchell Fieldgate of Pangea Wealth and Luel Culwick of Decentral about the success and future of South Africa's 12B tax incentive, which encourages private sector investment in solar energy to mitigate load shedding. The 12B incentive offers substantial tax deductions—up to 222%—for investments in qualifying solar projects, leading to significant private sector involvement. Fieldgate and Culwick highlight the importance of viewing 12B investments as solid financial opportunities, partnering with reliable companies, and acting swiftly due to the finite availability of the 12B incentive, ensuring investors can benefit fully from tax deductions while supporting South Africa's energy infrastructure.
6 Aug 2024 5AM English South Africa Investing · Business News

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