The carbon tax rate will increase by the amount of the consumer price inflation (CPI) of the preceding tax period plus two per cent until 31 December 2022, and thereafter, only by CPI of the preceding tax period. The GHG emissions resulting from fuel combustion activities, industrial processes and fugitive emissions expressed as a carbon dioxide equivalent will be taxable. A person conducting an activity in South Africa resulting in GHG emissions equal to and/or above the thresholds as provided for in Schedule 2 of the Carbon Tax Act, will be subject to carbon tax.
This series of five webinars is aimed at addressing and unpacking the nuances of carbon tax and its interplay with environmental legislation, providing practical insight and an overview of the key provisions within the Carbon Tax Act, and exploring the impact that carbon tax act has on businesses. We look to compare carbon tax in South Africa against environmental levies implemented in other jurisdictions to understand the key successes and failures of carbon tax in South Africa. Finally, we aim to examine carbon taxes through a broader lens by examining the economic impact of its implementation and how carbon taxes will drive the focus on Environmental, Social and Governance (ESG) factors.
Part 1: Carbon Tax 101 – An Overview
18 January 2022 I Click here to read more
Part 2: Carbon Tax – Who is Ultimately Affected by its Implementation?
15 February 2022 I Click here to read more
Part 3: Carbon and Environmental Tax: Budget 2022
23 March 2022 I Click here to read more
Part 4: Practical Considerations, Pitfalls, and Successes of the Carbon Tax Act
21 June 2022 I Click here to read more
Part 5: The future of Environmental Taxes, Economic Outlook, and the rise of ESG
20 September 2022 I Click here to read more
Click here to view the full series.
Part 5: The Future of Environmental Taxes, Economic Outlook, and the Rise of ESG
20 September 2022
Information to be confirmed in due course.
Tax practitioners, financial directors, financial managers, professionals engaged in the areas of carbon tax reporting and compliance.
Tax Manager I Tax and Legal Services department, PwC South Africa
Jason holds a BCom (Law), LLB, LLM (International Commercial Law) and LLM (Tax Law). He is an Admitted Attorney of the High Court of South Africa as well as an accredited and registered carbon footprint analyst at the Institute of Environmental Management and Assessment (IEMA). Jason is also a committee member within the South African Institute of Chartered Accountants (SAICA) carbon tax sub-committee.
This event and successful completion of the online assessment will secure 2 hours verifiable output Tax CPD points.
CPD subscribers: Free for all CPD subscribers.
Regular price: R495.00
SAIT member: R395.00
Group price (five attendees maximum): R950.00
The following venues and dates are available for this event.
The following discounts are available for this event