March 19, 20233 yr Author I do not think municipalities use much of this information. Some searching online you will find many studies, guidelines etc done by SA companies, Universities and research institutions who try very hard to guide government in the right direction. https://www.sseg.org.za/wp-content/uploads/2019/03/SSEG-Metering-Guide-for-Municipalities-Jan2019.pdf The guide above mentions quite a few options especially on the pre-paid side which would definitely work for me. Now if only THEY would read some of the research and LISTEN to what people want They should provide options - Not just ONE SINGLE way of doing things. And, these options will NOT add complexity to their admin systems, I believe some of these other options would actually be less burdensome on their admin which could allow them to reduce some of the fixed admin fees they want to charge. This would in turn bring/convince way more people to come on board. Maybe they just need new advisors who have more than a few decent brain cells.
March 19, 20233 yr 26 minutes ago, Antonio de Sa said: There are so many things that people that export are not thinking about, in my view you are now actually selling a commodity, so you should actually be registered as a business, what about sales taxes. Man this could become a can of worms. The moment I need business rights on my premises they can stick it where the solar PV is unavailable.
March 19, 20233 yr 1 hour ago, Antonio de Sa said: I have no intention to export, first I don't have a grid tied inverter however, I have a question regarding the export and the money you get from the municipality. would you have to declare it to SARS as an extra income. I don't think so. If SARS were at all interested in this they'd have said so by now. It's also not a business that you're runnning, at least if you're a homeowner. If you were running a PV farm and selling all your output to Eskom, they might be more interested. Though how they'd calculate the input costs is a question I can't answer.
March 19, 20233 yr 1 hour ago, Antonio de Sa said: There are so many things that people that export are not thinking about, in my view you are now actually selling a commodity, so you should actually be registered as a business, what about sales taxes. Man this could become a can of worms. Were arguing about whether or not one can break even, let alone make a profit. So why would the tax man take an interest? There's no profit to take a percentage of. We're getting worked up about something that hasn't happened and seems unlikely to happen Edited March 19, 20233 yr by Bobster.
March 19, 20233 yr 1 hour ago, Antonio de Sa said: There are so many things that people that export are not thinking about, in my view you are now actually selling a commodity, so you should actually be registered as a business, what about sales taxes. Man this could become a can of worms. We already pay VAT on electricity. If the resell tariff includes VAT then that's that problem solved. I don't see anything stopping me registering as a business that sells electricity, but that seems likely to me to be a can of worms best left unopened.
March 19, 20233 yr 3 hours ago, Antonio de Sa said: would you have to declare it to SARS as an extra income. All part of the longer term plan. Once you opted in it will be a bigger struggle to opt out when they start taxing you.
March 19, 20233 yr 3 hours ago, Antonio de Sa said: I have no intention to export, first I don't have a grid tied inverter however, I have a question regarding the export and the money you get from the municipality. would you have to declare it to SARS as an extra income. SARS only sees the colour of money. Income it is. One could argue that you incurred expenses in generating that income which then become tax deductible. It begins to get messy as to how you could then write off your system agaist the income you have generated. It begins to sound a bit like expensing your home office with all th peculiar rules associated with that.
March 19, 20233 yr 8 hours ago, Bobster. said: Agreed. The position is very different for businesses, who may write off the cost of a grid-tied solution in one year. Thereafter they make a big saving on their bill, and for them selling back is a no-brainer. Correction. For the next 2 tax years, businesses can claim 125% of the cost of panels, batteries & inverters.
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