Income Tax Credit for Persons Who Acquire and Install Solar Photovoltaic System
The House of Representatives, on Tuesday (July 9), passed the Income Tax (Amendment) Act, 2024, which seeks to implement a regime to provide income tax credit to individuals who acquire and instal a solar photovoltaic system at their primary place of residence. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, had informed of the initiative during...