Presentation on theme: "SANEDI Section 12 L “ System and SANEDI Readiness to Implement Section 12 L of the Income Tax Act” 21 November 2013 Barry Bredenkamp SANEDI www.saneditax.org.za."— Presentation transcript:
SANEDI Section 12 L “ System and SANEDI Readiness to Implement Section 12 L of the Income Tax Act” 21 November 2013 Barry Bredenkamp SANEDI www.saneditax.org.za
No. 37019 GOVERNMENT GAZETTE, 8 NOVEMBER 2013 GOVERNMENT NOTICE NATIONAL TREASURY No. 855 8 November 2013 CONTENTS INHOUD GOVERNMENT NOTICE National Treasury Government Notice 855. Income Tax Act, 1962: Notice of the date upon which section 12L (deduction in respect of energy efficiency savings), as inserted by Act 17 of 2009, amended by Act 7 of 2010 and substituted by Act 22 of 2012 comes into operation on 1 November 2013. Printed by and obtainable from the Government Printer, Bosman Street, Private Bag X85, Pretoria, 0001
Content of Presentation 1.Basic On-line System Functions 2.Outline of Guidelines, (in support of the Regulations) 3.The Way Forward 4.Acknowledgements
1. Basic On-line System Functions www.saneditax.org.za
Basic Functions Figure 1. Home Page System layout and domain are currently being revamped, to include all logos!
The SANEDI Team Mr Kadri NassiepReview Panellist Ms Lusanda RadebeDatabase Administrator Dr Chris CooperReview Panellist & CMVP Dr Sibbele HietkampReview Panellist Mr Barry BredenkampChief Panellist Mr Ravi GovenderReview Panellist & CMVP www.saneditax.org.za
System SECURITY 12-L Energy Efficiency TAX On-line System The 12-L Energy Efficiency TAX On-line System has been developed, using the concept of (WAMP) Windows-Appache-PHP-MySQL DataBasE and is currently hosted by Hetzner. SSL certificate In order to professionally secure this website, it was decided to apply for a SSL certificate for the current (to be revised), saneditax.org.za domain and this certificate has already been issued by Hetzner.
2. Outline of Guidelines 2. Outline of Guidelines, (in support of the 12-LRegulations) www.saneditax.org.za
Guidelines, Guidelines, (in support of the Regulations) Provide more detailed explanations/ assistance to prospective Applicants & includes:- A basic calculation, to obtain an initial assessment of the feasibility for applying for the 12-L Tax Incentive; Project eligibility/ key criteria/ cost of M & V, to consider; Defining Load Shifting vs Energy Efficiency vs Energy Conservation projects in relation to 12-L eligibility; Highlighting specific exclusions from the Incentive; An explanation of the time limitations relating to this Incentive; A description of the various eligible Energy Carriers and Conversion Factors to kWh, for rebate purposes.
The WAY FORWARD Continue implementing and refining/ improving the system and all supporting documentation. Finalise and publish the Work Group Position Paper on the temporary/ partial SANAS-exemption for M & V-practitioners, including accelerated training/ capacity building for new entrants to the market. Conduct ‘Information Sessions’ throughout the country, to inform and educate all constituents about the incentive. energy-and-economic impacts Independently commission a bi-annual review of the functionality of the system, as well as the overall energy-and-economic impacts of the 12-L Tax Incentive.
CONCLUSION: SANEDI is READY! Hosting of the National M&V function, including Tax Incentives, and EPC’s. Knowledge Management/ EE-data Repository Knowledge Management/ EE-data Repository Facilitation of Implementation, (ESCo focus) Information and knowledge collection and analysis Support, knowledge sharing and promotion
Access to Some Clever People........... Access to Some Clever People........... www.saneditax.org.za
Acknowledgements The DoE, National Treasury and dti, for persisting in getting this Regulation approved. The EEDSM Hub at the University of Pretoria, for the technical support and system development. giz through the SAGEN-programme, for funding the on- line system, the development of supporting Guidelines and the recruitment of a specialist resource for the initial phase of implementation.