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Carbon Tax Act, 2019

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To provide for the imposition of a tax on the carbon dioxide (CO2) equivalent of greenhouse gas emissions; and to provide for matters connected therewith.

 

Last update: December 2023


Copyright: This Act reproduced under Government Printers Copyright Authority 10154 dated 20 March 1996


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Latest Developments:

 

The Rates and Monetary Amounts and Amendment of Revenue Laws, Act 2023 (Act No. 19 of 2023) has updated and made Amendments to this Act as per Notice No. 4228, GG49948, dated 22 December 2023 – effective 22 December 2023

 

The Taxation Laws Amendment, 2023 (Act 17 of 2023), has updated and made Amendments to this Act as per Notice No. 4226, GG49894, dated 22 December 2023 – effective 22 December 2023

 

The Taxation Laws Amendment Act, 2022 (Act No. 20 of 2022) has updated and made Amendments to this Act, as per Notice No. 1541 of GG47826, dated 5 January 2023

 

The Rates and Monetary Amounts & Amendment of Revenue Laws Act 2022 (Act 19 of 2022) has updated and made Amendments to this Act as per Notice No. 1540 of GG47825, dated 5 January 2023.

 

The Carbon Tax Act, 2019 (Act No. 800 of 2019), has been updated by the publication of Renewable Energy Premium in respect of Tax Period for purposes of Symbol “B” in Formula contained in Section 6(2) of the Act, as per Notice No. 1627 of GG45654 dated 15 December 2021.

 

The Carbon Tax Act, 2019 (Act No. 800 of 2019) has been updated by Amendments to Regulations under N1556 of 2019 as per Notice No. 595 of GG44818 dated 8 July 2021.

 

The Carbon Tax Act, 2019 (Act No. 800 of 2019) has been updated by the Taxation Laws Amendment Act, 2020 (Act No. 23 of 2020) as per Notice No. 25 of GG44083 dated 20 January 2021.

 

The Carbon Tax Act, 2019 (Act No. 800 of 2019) has been updated by the Rates and Monetary and Amendment of Revenue Laws Amendment Act 2020, (Act No. 24 of 2020) as per Notice No. 24 of GG44082 dated 20 January 2021.

 

The Carbon Tax Act, 2019 (Act No. 800 of 2019) has been updated by giving notice of renewable energy premium in respect of tax period for purposes of Symbol “B” in formula contained in Section 6(2) of the Act, as per Notice No. 692 of GG 43453, dated 19 June 2020.

 

The Carbon Tax Act, 2019 (Act No. 800 of 2019) has been updated by Regulation on the Greenhouse Gas Emissions intensity benchmark prescribed for the purpose of Section 11, as per Notice No. 691 of GG 43452, dated 19 June 2020.

 

The Carbon Tax Act, 2019 (Act No. 800 of 2019) has been updated by Regulation on the Allowance is respect of trade Exposure in respect of Carbon Tax Liability under Section 10, as per Notice No. 690 of GG 43451, dated 19 June 2020.

 

The Carbon Tax Act, 2019 (Act No. 800 of 2019) has been updated by the amendments be the Taxation Amendment Act 2019 (Act No. 34 of 2019), as per Notice No. 21 of GG 42951, dated 15 January 2020.

 

The Carbon Tax Act, 2019 (Act No. 800 of 2019) has been updated by publication of Regulations on Carbon offsets under Section 19 of the Act, as per Notice No. 1556 of GG 42873, dated 29 November 2019.