Print Page   |   Report Abuse
News & Press: Opinion

Carbon tax could hit economy - Sacci

07 August 2013   (0 Comments)
Posted by: Author: SAPA
Share |

Author: SAPA (MoneywebTax)

'Measures should be revenue neutral'

The proposed introduction of carbon tax could have a severe impact on the economy and job creation in South Africa, Sacci said on Monday.

"[We are] supportive of measures to reduce carbon emissions in principle, so long as those measures remain tax neutral," SA Chamber of Commerce and Industry (Sacci) CEO Neren Rau said in a statement.

He said Sacci had submitted comment to the Treasury on the carbon tax policy paper, which provides a framework discussion on plans to introduce a carbon tax of R120 per ton of carbon dioxide from 2015.

To read the full article please click here:


Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.


The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

Membership Management Software Powered by®  ::  Legal