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Now more than ever, taxpayers will be looking to tax incentives as a tool to reduce the tax burden. Given that Retirement Annuity contributions are now capped at R350 000, a well-structured [...]

Anuva Investments, one of South Africa’s leading 12J venture capital companies, have increased their stake in Cape Mohair from 46% to 69% by way of an additional capital investment of R10million.

Seems everyone wants to get in on the Section 12J action before the 30 June 2021 deadline and secure that all-important 100% tax deduction on their investment.