Massive tax incentives for alternative energy implementation

The Minister of Finance has made substantial allowances in the budget for the following financial year.  Speak to your auditor and alternative energy supplier on how to structure this the best you can to derive maximum benefit.  A business can deduct 125% of the total cost of any alternative energy installation in the next financial year.  Normally you would be able to deduct assets on 33% but here it is 125% immediately.  This means you actually get subsidized with 25%.  There are no caps on the amount spent or claimed, as long as you have at least that amount in taxable income.  Individuals can also claim.  It is 25% if the cost of solar panels only and the maximum amount you can claim is R15 000.