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How the expanded section 12B allowance may benefit businesses
A taxpayer who generates renewable energy for the purpose of trade should qualify for the allowance.
Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
Read moreA taxpayer who generates renewable energy for the purpose of trade should qualify for the allowance.
There are a number of grey areas that the draft legislation will (hopefully) clarify.