South Africa: National Treasury On Amendments to the Carbon Offsets Regulations

press release

Publication of gazetted amendments to the Carbon Offsets Regulations in terms of Section 19(C) of the Carbon Tax Act, 2019 (Act No 15 Of 2019)

The National Treasury has published the gazetted amendments to the Carbon Offsets Regulations in terms of Section 19 (c) of the Carbon Tax Act (Government Gazette number 44818 dated 8 July 2021). The Carbon Offsets Regulations set out the eligibility criteria for carbon offset projects, a procedure for taxpayers claiming the carbon offset allowance and administration of the carbon offset system.

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