How to get the most out of the Section 12J incentive this tax year
Financial advisors have been quick to recognise the attractiveness of Section 12J (12J) investments which include a 100% tax deduction, an uncorrelated underlying investment, attractive returns, the ability to stimulate the SA economy and create jobs according to Dino Zuccollo, Co-Head of Section 12J at Westbrooke Alternative Asset Management (SA’s largest S12J fund manager) and Chairman of the 12J Association of South Africa.