Section 12J of the Income Tax Act, albeit a very short section, is quite complicated when unpacking its working. To date, taxpayers have invested R10 billion into section 12J companies and it has proved to be a very popular investment vehicle. So, the question is: How does section 12J actually work and what does one have to know before embarking on the journey of investing in these vehicles?
The aim of this session is to provide clarity on the following questions:
After attending this webinar, delegates will have gained an understanding of the following competencies:
Co-founder and CEO, Grovest
Jeff holds directorships on the boards of various companies in which he holds private equity investments. Jeff serves a Director on the Boards of the MSL Qualifying Companies.
Jeff is a chartered accountant having completed his articles at Grant Thornton and has over 30 years’ experience investing in unlisted companies across numerous industries. Jeff co-founded Brandcorp, which was listed on the Johannesburg Stock Exchange in 1997.
Jeff brings many years of operational and investment skills to the company. He was a co-founder of Grovest and Seed Engine and several companies in the Grovest Group including MeTTa Capital Moderate Risk Funds I, II and III. Jeff is a pioneer of Section 12J Venture Capital Companies in South Africa and is an active member of various sub-committees of SAVCA and Simodisa, both of which focus their efforts on the South African Venture Capital industry. Jeff serves on the Board of the 12J Association of South Africa. Jeff is also an active member of the Young Presidents Organisation.
This event and successful completion of the online assessment will secure 1 hours verifiable output Tax CPD points.
100% Discount for 2020 General Tax Practitioners and Tax Accountants CPD subscribers. Not a CPD subscriber yet? Click here to register now
Other members: R475.00
Company price: R950.00
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