Overview  

Section 12J as an investment class has seen enormous uptake by South African taxpayers who are looking to reduce their taxable incomes and receive a return on their investments. 

In this webinar Jonty Sacks will be discussing the various rules which Section 12J Venture Capital Companies have to adhere to, the impact of the new amendments contained in the Draft Taxation Laws Amendment Bill 2018 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 you or your clients. 

Learning objectives 

By the end of this event the participant should:

• understand the provisions of Section 12J;
• be able to advise clients on how to apply Section 12J;
• understand how to obtain tax deductions for clients using Section 12J; and
• be able to select the best Venture Capital Company to invest in.

Course content 

The webinar will cover the following topics in detail: 

• Who can take advantage of Section 12J?
• Is a Section 12J Venture Capital Company applicable to your client?
• How does the tax incentive work and how is the deduction calculated?
• The downside of investing in a Section 12J VCC.
• What sectors can a Section 12J VCC invest into?
• Maximum amount that an investor and/or VCC can invest.
• Raising finance through Section 12J VCCs.
• Business sectors/ types currently utilising Section 12J.
• Administrative hurdles associated with forming a Section 12J VCC.

Obtaining your CPD certificate

Attendance of this 2-hour webinar will accrue 2 CPD hours for members of a relevant professional body such as 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 SAICA, AAT, SAIPA, SAIBA, IAC, CIS and others.

Complete the free online assessment at the end of the event and receive an additional 1 CPD hour.

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:                    

• R399-00 for an individual and R699 for your whole firm. Register now. 
• If you are not already an SAAA member click here to create your profile and then register for the event here. There is no charge to create a user profile. 

Additional material 

By attending this webinar you will be provided with:

• Summarised slide presentation, 
• Detailed course material and reference documents.  
• You can ask questions during the webinar via the online portal, and you will also have access to me the presenter via e-mail after the webinar.