Update: The NICD on Friday confirmed that the second suspected COVID-19 victim tested negative for the disease. Only one COVID-19 related death has been…
Smaller Section 12J funds will struggle to raise investor capital with new changes [Opinion]
National Treasury appears certain to retain changes to the Section 12J tax incentive, which allows South Africans to write off 100% of the investment…
Experts raise concern over new Section 12J rule that limits deductions for investors
Experts have raised concern over a new threshold for deductions that investors can make under Section 12J of the Income Tax Act, saying it…
Aurik to kick off fund raising for new Section 12J VCC for SMEs
Aurik Investment Holdings will this Friday launch a bid to raise capital for a new fund that will invest in established small firms that…
‘Only 4% of Section 12J funds went to VC in last tax year’
A mere four percent or R120-million of the estimated over R3-billion raised by Section 12J venture capital companies (VCCs) in the 2019 tax year…
