Section 12J of the Income Tax Act was created specifically to encourage taxpayers to invest in small and medium sized enterprises in the Republic of South Africa. Taxpayers who invest in a registered Venture Capital Company (VCC) are entitled to a 100% tax deduction on monies invested, thereby achieving an immediate return of up to 45% for individuals and trusts, and 28% for companies (being the reduction in marginal taxes payable) on their investment.
The company has been established to enable taxpayers to take advantage of the generous tax incentives through investing in promising small and medium size business enterprises in the Republic of South Africa by way of subscribing for shares.
This is How it Works:
In order to understand What it is that Sikhula Venture Capital does it is important to understand the Why??
WHY? - In everything we do, we believe in challenging the status quo. We believe in
HOW? - The way we challenge the status quo is by delivering our services and products
in a consistent and striking way, that is simple to use and is very user friendly.
WHAT? - We just happen to make investments. Want to invest?