End June deadline: beat the tax shock on your Section 12J exit

By: Alfred0 comments

By the end of June this year, every Section 12J investment in the country will reach its mandatory five-year maturity, triggering a capital gains tax (CGT) liability for the many investors who participated. Section 12J was a government tax incentive introduced under the Income Tax Act that allowed South African taxpayers to invest in approved […]

The post End June deadline: beat the tax shock on your Section 12J exit appeared first on Maya on Money.

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