OFM OFM Agri Hour

The end of Section 12J is nearing

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Many farmers who sought financial assistance to help grow or start their business, as well as investors, have benefitted greatly from Section 12J over the past few years. Dave Humphrey, Director of Impact Empowerment Ventures, says this section allows investors to invest in businesses and deduct 100% of their investment from their taxable income in the year of the investment. OFM News’ Elsabé Richard spoke to him about what Section 12J entails and finance options that is available after this section comes to an end...
2 May 2021 11PM English South Africa Business News · Business

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