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...