Section 12J of the Income Tax Act, albeit a very short section, is quite complicated when unpacking it’s working. To date, taxpayers have invested R10 billion into section 12J companies and it has proved to be a very popular investment vehicle. So, the question is: How does section 12J work and what does one have to know before embarking on the journey of investing in these vehicles?
The aim of this session is to provide clarity on the following questions:
- What are the requirements and rules with respect to section 12J companies?
- What are the different types of section 12J companies that taxpayers can invest in?
- What are the risks of investing into section 12J companies?
- What are the implications of the June 21 sunset clause?
- Are there any exit taxes to note?
After attending this webinar, delegates will have gained an understanding of the following competencies:
- Understanding the tax requirements with respect to section 12J companies.
- Understanding the different types of section 12J companies in the market, as well as the advantages and disadvantages of each.
- Understanding the nuances to investing in a section 12J company.
Co-founder and CEO, Grovest
SAIT member: R395
Other members: R475
Company Price: R950
This webinar and successful completion of the online assessment will secure
1 hour verifiable output tax CPD points/units.
Time: 15:00 – 16:00