SOUTH AFRICAN CARBON TAX

Turn carbon tax risks into innovation opportunities

South African business and industry is taking  steps towards mitigating the impacts of the proposed carbon tax legislation on their operations and investments.

Do you understand the extent to which the proposed carbon tax may affect your business?

Rather than viewing the carbon tax as potentially increasing costs, let us help you find opportunities to drive innovation and to develop creative ways to implement efficiencies.

FOR MORE INFO CONTACT:

Franz Rentel | Country Director SA

Franz works with South African organisations to help them understand and minimise their carbon tax liability.

DISCOVER OUR CARBON TAX SOLUTIONS:

CARBON TAXSCAN


Our Carbon TaxScan helps measure and understand how much carbon tax your business might need to pay.

This is based on your most recent carbon footprint report, relevant company emissions data and the most recent carbon tax regulations.

Even if your company already carries out an annual carbon footprint you might not necessarily know what your carbon tax exposure would be.

This is because the calculations for carbon tax liability differ from carbon footprint calculations.

THE CARBON TAXSCAN CONSIST OF:


1. Determining which activities and / or processes that emit greenhouse gases within your operations that will be carbon taxed;

2. Calculating your company’s estimated carbon tax liability based on historic emissions, taking into account the applicable fixed tax-free allowances you would qualify for.


IN SHORT


Our Carbon TaxScan is the first step in determining your company’s possible future carbon tax exposure.

CARBON TAXCOACH


You have received the results of your Carbon TaxScan, but how do you apply this insight to reduce your future carbon tax exposure?

Should your business be carbon tax liable, the next step is to identify ways to mitigate your carbon tax through the variable tax free-allowances provided by the carbon tax regulations, including making use of carbon offsets.

This can be done with our Carbon TaxCoach, where we work together on a strategy for reducing your carbon tax exposure.

THE CARBON TAXCOACH CONSIST OF:


1. Calculating to what extent your company can reduce its estimated carbon tax liability by taking into account the applicable tax-free allowances that your company would qualify for;

2. Developing a carbon offset strategy that addresses crucial questions such as how and when to purchase carbon tax offsets.


IN SHORT


Our Carbon TaxCoach helps your company decrease its future carbon tax as well as developing a robust carbon tax offset purchase strategy.

CARBON TAX OFFSETS


You can reduce your business' carbon tax liability even further by purchasing carbon tax offsets from our eligible South African offset projects.

Companies that are liable for carbon tax are awarded relief when purchasing carbon tax offsets. By doing so, a company can reduce their carbon tax by up to 20%.

Further, our offset projects provide affordable, clean and safe energy solutions in vulnerable communities helping you reach your CSR goals.

ELIGIBILITY UNDER THE SA CARBON TAX


All of our carbon tax offsets are eligible for use under the South African carbon tax scheme as they are generated under the international carbon standards: Gold Standard, the Verified Carbon Standard (VCS), and Clean Development Mechanism (CDM). All three are approved by the South African government.


IN SHORT


Purchasing carbon tax offsets can be cheaper than paying carbon tax. Make sure that your company does not miss out on this additional tax relief measure.