Overview   

Section 12J of the Income Tax Act provides for an investment class that has seen 100% growth within the last financial year. This is due to more South African taxpayers looking to reduce their capital gains tax and income tax liabilities as well as receive a return on their investments.  

At the beginning of the year we presented a webinar on this increasingly popular investment class. New developments have since taken place and we would like to give them to you so that you are better informed.  

This webinar will be on 5 November 2019 from 9:00 am to 11:00 am. Jonty Sacks will be discussing the various rules around Section 12J investments, developments around Section 12J investments and an overview of the Section 12J market.   

Attending this webinar will give you valuable information on how to take advantage of Section 12J for yourself or your clients.  

Learning objectives  

By the end of this event the participant should: 

• Understand the provisions and limitations around Section 12J investments; 

• Be able to advise clients on how to apply Section 12J; 

• Understand how to obtain the tax deduction for clients;  

• Know the latest developments in this sector; and 

• Be able to select the ideal Section 12J investment to invest in. 

Content 

The webinar will cover the following topics:  

• Overview of the Section 12J sector. 

• Who can take advantage of Section 12J? 

• Section 12J investments and your client. 

• Working out the Section 12J tax incentive.  

• The downside of investing in a Section 12J investment. 

• An update on amendments to the Section 12J legalisation. 

Obtaining your CPD certificate 

This webinar qualifies for 2 CPD hours with your professional body including: ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by all relevant professional bodies. 

All attendees are issued with a CPD certificate available in an online profile. 

About the presenter 

Jonty Sacks 

Jonty Sacks is an admitted attorney of the High Court of South Africa and a partner at financial advisory firm Jaltech. He is active in assisting clients in South Africa with forming Venture Capital Companies (incorporated under Section 12J of the Income Tax Act) across various sectors. 

In addition, Jonty oversees African business development at Jaltech, where he focuses on identifying suitable corporate and project finance opportunities which require transactional advice, whether it be raising and structuring finance or advice through the merger and acquisition process. 

Prior to joining Jaltech, Jonty practiced as an attorney at ENSAFRICA, Africa’s largest law firm. 

Who should attend 

The following persons will benefit from attending this webinar: 

• Professional Accountants including: RA(SA), CA(SA),PA(SA) and BAP(SA); 

• Tax practitioners; 

• Business Advisors; 

• Financial Advisors; 

• Entrepreneurs; 

• Venture capitalists; and 

• High net-worth individuals. 

Price 

• R 475.00 - Online admission - Individual. 

• R 950.00 - Online admission - Company. 

Steps to register for the event: 

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here <link to new profile creation> to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here <link to Technical Resource Centre> to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material

By attending this webinar you will be provided with: 

• Summarised slide presentation 

• Reference documents and / or course material where available 

• You can ask questions during the webinar and you will also have access to me the presenter after the webinar