Grassroots September 2016, Vol. 16, No. 3 | Page 30
News
Energy (DoE) energy management plan
reporting.
The carbon tax will be
administered by the South African
Revenue Service.
The Bill together with supporting documentation
also maps out the technical workings of the tax. If
not au fait with emissions and emissions
calculation methodologies, the services of a carbon
consultant will help you navigate this process.
For more information on the proposed carbon
taxation and its relevance to your organisation and
our carbon tax consulting service
Please call us on +27 21 403 6411.
We also offer a free, no obligation carbon tax
assessment to determine whether the tax has any
relevance to your organisation.
SOURCE: http://www.thecarbonreport.co.za/
LINK: http://www.thecarbonreport.co.za/theproposed-south-african-carbon-tax/
It is important for all organisations to assess the
likelihood and extent of risk exposure to the tax,
understand where you may be exposed to tax, to
what extent you will be exposed and start planning
to transition away from a reliance on carbon.
Outside of direct taxation businesses should also
anticipate potential price increases on taxable
activities such as transport. A full review of a
business’ supply chain will also provide
information on a supplier’s exposure which may
trigger price hikes.
Businesses who use this window now to review
their risk exposures and start the necessary process
of evolving their business practices will be better
equipped in the long run.
Grassroots
September 2016
Vol 16 No. 3