Investments

Section 12J Significant tax benefits on offer for venture capital investors

In July 2009 the South African Revenue Services (SARS) introduced section 12J of the Income Tax Act to encourage ordinary taxpayers to invest in small, medium and micro-sized enterprises (SMMEs). Section 12J allows taxpayers to deduct 100% of their investments into qualifying venture capital companies (VCCs) from their current tax obligations as a reward for the ongoing economic benefits that these investments are expected to deliver. The uptake of this allowance was initially slow; but has gathered pace as more section 12J compliant VCCs come to market.

Isle of Man adopts increased 'substance' rules

What The 10-Year Challenge Teaches Us About Investing

Over the first few weeks of 2019, the ‘#10yearchallenge’ was the most popular social media phenomenon. This trend soon went viral with countless parodies and memes doing the rounds on social media platforms.

2018’s secret investment winner