Mad rush to invest as Sars closes rebate door
Incentive to support new small businesses ‘should be revamped’
04 July 2021 - 00:06
Hundreds of millions of rands flowed into start-up investments this week as the sun set on section 12J of the Income Tax Act, which gave South Africans a 100% tax rebate on investments made through approved venture capital companies (VCCs) into small businesses...
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