Secondary

Section-12J-tax-incentive

Section 12J tax incentive

– 12 of the most common questions investors ask

“Many South Africans are currently considering whether to reduce their February tax liability by taking advantage of the Section 12J tax deduction. For every R100 invested in a Section 12J company an investor (individuals, companies and trusts) can reduce their tax by up to R45 making the net investment only R55.”

This is according to a recent Biznews article. In the article Jonti Osher and Dino Zuccollo of Westbrooke Alternative Asset Management discuss 12 of the most common questions investors ask about the Section 12J tax incentive.

Click here to get answers to your J12 questions.

,

Comments are closed.