OPPORTUNITY Section 12J of the Income Tax Act provides a significant tax benefit for investors prepared to invest in the venture capital sector in South Africa. To qualify for this tax incentive, you need to invest with a registered Section 12J fund before the end of the current tax year (28 February 2017). There is currently the opportunity to invest in a fund, which offers access to high-growth technology businesses in the venture capital sector. WHY INVEST - 100% tax deduction in the year the investment is made
- Targeted return of 30% per annum
- Highly credible board with over 100 years of combined experience and a high touch approach, contributing R7.5 million to the fund
- Strong partnerships in place for both deal flow and co-investing
**This investment is available for investors with a minimum of R 100 000 worth of capital. For more information on this opportunity, please click here. |