Author: Zane De Decker

South Africa is currently enjoying the status of a Tax Haven – a bold statement, I admit, and one that some might think outrageous, but if you break down the monetary calculations of a Section 12J investment, you will realise the glaring opportunity too. I’m still quite astounded at how many investors and financial advisors don’t fully understand the workings of SARS 12J tax incentive, which incidentally has a cut-off date of June 2021. Think about this: 100 per cent of what you earn can be tax-deductible via the 12J structure. Since the introduction of the limit to the total…