On 06 February 2023, the South African Revenue Service (SARS) proposed amendments to Rule 54AA to the Customs and Excise Act, 1964 relating to the Carbon Tax Account, and specifically to:
- Draft DA 180 – Environmental Levy Account for Carbon Tax (Front page)
- Draft Completion Notes to draft DA 180.
The draft form amendments implement the Budget 2022 carbon tax proposals in the Rates and Monetary Amounts and Amendment of Revenue Laws Act, 2022 and the Taxation Laws Amendment Act, 2022.
Comment on the proposed Rule amendments are due by 24 February 2023.