B2B Central

Section 12J

26 Jul 2019

Investments in venture capital companies not looking so attractive anymore

By Janice Roberts

By BDO South Africa. National Treasury released the draft bills for public comment at the beginning of this week, which once approved will serve to effect the legislative amendments announced as part of the 2019 Budget Review. Of interest to the individual taxpayer and especially one whom has surplus funds available for investment is the...
04 Feb 2019

12 things you need to know about the Section 12J tax incentive

By Janice Roberts

By Jonti Osher and Dino Zuccollo, Westbrooke Alternative Asset Management, South Africa’s largest Section 12J manager Section 12J (s12J) is no longer a new alternative asset class. From relative obscurity, this investment option has gained significant traction among individuals and businesses seeking to reduce their tax liability as well as to find alternative sources of...
16 Jan 2019

12 of the most common questions investors ask about the Section 12J tax incentive

By Janice Roberts

By Jonti Osher and Dino Zuccollo, founder members of the Section 12J Association of South Africa and fund managers at Westbrooke Alternative Asset Management. As South Africans return to work in 2019, many will be considering whether to reduce their February tax liability by taking advantage of the Section 12J tax deduction. For every R100...
31 Oct 2018

Zimbali developers to create R2 billion property fund

By Janice Roberts

Kuwait’s IFA Hotels & Resorts announced last week that it has entered into a joint venture with boutique financial consulting firm Jaltech to create a R2 billion property fund.
24 Jul 2018

Platform connects investors and venture capital companies

By Janice Roberts

  A recently launched online platform – The 12J Marketplace – has made it much easier for South African investors to access information on the most active Section 12J Venture Capital Companies (VCC) in the country. It will also provide users with the ability to process their investment online in the near future. First of...
27 Feb 2018

Should Treasury have implemented more provisions to boost SA’s economic growth?

By Janice Roberts

South Africans are the worst savers globally, an enduring fact that has just been confirmed by the latest figures from the Investec GIBS Savings Index, which measures the country’s savings rate and savings behaviour. Clocking in at a 27-year low, the lack of household savings has a direct impact on small and medium-sized businesses (SMMEs)...
06 Feb 2018

Still time to take advantage of Section 12J

By Janice Roberts

The Section 12J tax dispensation is finally attracting investors, after several years of being a wallflower. According to SARS, for the tax year ending 28 February 2017, 724 investors took advantage of the incentive. This was a substantial increase compared to the 34 and 272 individuals for the 2015 and 2016 tax years respectively. Based...
30 Jan 2018

How to mitigate risk in your Section 12J investment

By Janice Roberts

By Jonti Osher and Dino Zuccollo, fund managers at Westbrooke Alternative Asset Management. Whether you are trying to shield the capital gains tax on your Bitcoin profits, or want to reduce your company’s tax liability, Section 12J is a viable investment option. But how does one mitigate the risks inherent in a s12J investment?
25 Jan 2018

First Section 12J portfolio of funds – METTA Capital - launches in SA

By Janice Roberts

Navigating the current economic landscape and minefield of investment vehicles is challenging. With so many investment opportunities available and investors wanting to realise the highest returns, exploring alternative investment opportunities in 2018 is crucial.