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Last week the rand broke decisively through the R14 to the dollar level, confirming its ability to surprise massively. In fact, when it gets going in either direction, the rand has the ability to move much further than most people (including economists and fund managers) can imagine.
Section 12J’s sunset clause becomes official at the end of June 2021, marking the end of this very successful tax incentive in our country.
The strongest deterrent against FSP compliance missteps is or should be: