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Section 12J tax-deduction (as much 45%) incentive for property investment set to expire


Section 12J tax-deduction (as much 45%) incentive for property investment set to expire
Section 12J tax-deduction (as much 45%) incentive for property investment set to expire
10 Feb 2021
Some R9.3billion has been invested into South African opportunities via Section 12J as of Feb 2020, according to the 12J Association of South Africa - and unless SARS extends the cut-off date, this incentive of as much as 45% back in tax on your property investment is set to expire in June of this year - making it a case of get in while you still can for investors.   
Section 12J funds will be gearing up for a flurry of interest as investors into the tax incentive realise it may be now or never to make the most of the tax break offered. Not only are investors clamouring to benefit from the tax deduction before financial year-end on 28 February 2021. However, if the Minister of Finance does not extend the applied Sunset Clause in his National Budget address on 24 February,  th ....

Cape Town , Western Cape , South Africa , Diep River , Eastern Cape , South African , Eaton Square , Our Flyt Select Fund , J Association Of South Africa , National Budget , Partnership Fund , Sunset Clause , Flyt Property Investment , Quivertree Apartments , Bryan Flowers , Flyt Property , Flyt Select Fund , கேப் நகரம் , மேற்கு கேப் , டைப் நதி , கிழக்கு கேப் , ஈட்டன் சதுரம் , தேசிய பட்ஜெட் , கூட்டு நிதி , சூரிய அஸ்தமனம் உட்கூறு , ரியான் மலர்கள் ,