Section 12J Calculator2018-11-14T12:55:00+00:00

SECTION 12J CALCULATOR

WHAT IS A SECTION 12J INVESTMENT?
A Section 12J investment provides the investor a unique opportunity to invest in a tax-deductible investment vehicle.

Essentially, in an effort to afford small and medium-sized entities in the South African market equal access to equity funding, the South African government has added Section 12J to the South African Income Tax Act as a catalyst for equity funding for SMEs, specifically because SMEs have been identified as one of the primary contributors to projected future economic growth.

By investing in a Section 12J venture capital company, the investor not only qualifies for a full deduction of the total investment amount from their taxable income in the relevant tax year, but they are also indirectly supporting the South African economy and supporting the growth of local SMEs.

CALCULATOR

Taxpayer type
Taxpayer age
Taxable Income - Full year
Capital Gains   
Ring-fenced capital gains available for set-off   -
Capital Gains Annual Exclusion - Individuals   -
Taxable Capital Gains   
Capital Gains Tax inclusion rate   
Capital Gains Included at inclusion rate
Section 12J Deduction    -
Taxable Income
Taxation on Taxable Income
Rebate (Individuals only) -
Tax credits (Medical, etc.) -
PAYE deducted (Individuals only) -
Provisional 1 Paid -
Tax Payable
Tax Refund