SANEDI’S ROLE

According to the 12L tax incentives regulation, SANEDI is responsible to:

• Appoint suitably qualified persons to consider the reports submitted.

• Consider, keep and maintain all reports submitted by taxpayers claiming the allowance.

• Issue taxpayers with certificates containing the relevant information.

• Create and maintain a database of all issued certificates.

• Provide the Minister and the SARS Commissioner with access to the reports and to the 12L Tax Incentives database.

Before issuing an energy-savings certificate, SANEDI must be satisfied that the information contained in the application reports is accurate and:

• Complies with the South African National Standard “SANS 50010:2018: Measurement and Verification of Energy Savings” as published by the South African Bureau of Standards (SAB) Standard Division;

• Is an accurate reflection of the energy-efficiency savings for which the taxpayer is claiming a deduction during the year of assessment; and

• Complies with the 12L Tax Incentives regulation.