WebSection 12J was introduced as a tax incentive to encourage equity investment through VCCs in small and medium-sized businesses and junior mining companies. Section 12J allows a holder of shares to claim a100% deduction of the cost of the shares issued by the VCC, provided certain requirements are met. WebFeb 5, 2024 · Section 12J offers individuals, trusts and companies that are resident in South Africa, a tax rebate on investments (up to 45% for individuals and trusts and 28% for companies), if made through an ...
SA VC firm Kalon raises $17.5m fund as Section 12J ... - Disrupt Africa
WebFeb 24, 2024 · The Section 12J tax breaks for investors, which offered rebates to South Africans if they made investments through approved venture-capital companies, has been … WebSection 12J About Alternative Assets Private Equity Corporate Finance Section 12J About Pioneers in alternative asset investing We are South Africa’s largest administrator of … how many years was kobe in nba
12 questions investors ask on the Section 12J tax incentive
WebJan 29, 2024 · 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. There are more than 100 registered Section 12J companies in South Africa and it is estimated that the market has raised more than R3.6bn in investments at the end of 2024. WebJun 14, 2024 · Investors wanting to invest in Section 12J still have until 30 June to invest before Treasury’s sunset clause on this South African tax incentive takes effect. Last chance for Section 12J ... WebAug 13, 2024 · Who can benefit from a Section 12J investment? Any South African taxpayer is allowed to benefit from a Section 12J tax deduction. Therefore, anyone who pays tax in South Africa (i.e. foreign or local companies, individuals, and trusts) may invest in a Section 12J VCC and claim the deduction. how many years was gunsmoke on tv