A survey of nearly 500 taxpayers surveyed by the National Treasury released on 3 September shows that many individual taxpayers did not claim the solar panel tax because they were not aware of it.
Last week, the National Treasury published the results of their Renewable Tax Incentives Survey Report which collected input from a broad range of taxpayers to assess their experiences with and views on the renewable energy tax incentives. A survey of 462 taxpayers evaluated their opinions on tax incentives for renewable energy.
In 2023, National Treasury set aside R4 billion in tax refunds to incentivise individual taxpayers to install rooftop solar panels from 1 March 2023 to 29 February 2024. The National Treasury's survey shows that many people did not claim the tax refund because they lacked awareness of it.
