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To make your investment secure and to avail maximum tax benefits, you will need the services of a registered Venture Capital Company.
Tax Benefits through Investment – Save an Arm and a Leg Save your hard earned money by investing in venture capital in South Africa. Do you want to know with whom to invest and why, we, at Grovest have the right answers for you. To make your investment secure and to avail maximum tax benefits, you will need the services of a registered Venture Capital Company. First of all you must realize the fact that venture capital companies should be registered with SARS in order to be entitled to offer tax benefits to investors as per the rules laid down in section 12 J Tax Benefits. According to the rules of the Income Tax Act, an investor is entitled to 100% tax deduction of the amount of investment made in venture capital from the income which is taxable for that particular year in which the investment is made. Individuals, trusts and companies fall under the category of investors who are entitled to this tax benefit. Investing with us makes sure that the investment made is at least 60% safe if not 100% if on the upside and this provides a great advantage to those investing in the early stages to minimise the risks through investing with registered VCCs. It is because of this benefit that there has been an extra ordinary growth in venture capital investments with companies like us playing leading roles in offering their clients with 100% tax benefit. So, instead of wasting time pondering, log onto http://www.grovest.co.za/glossary/section-12-j- tax-benefits/ and explore how you stand to gain maximum tax benefit while making your investment safe. We are immensely pleased to utilize this tax incentive in the best possible way by providing investors in venture capital to avail this unique opportunity. Expert guidance is provided by a team of financial experts at Grovest who are well aware of the Income Tax rules prevailing in the State and who provide prudent advice to investors for getting maximum benefit. An investor is entitled to write off the full amount of investment made in venture capital only on submitting the tax certificate under section 12 J which can be issued only by registered companies. This certificate is a confirmation of the entitlement for full tax deduction. Being a registered venture capital company, Grovest issues this certificate within 6 weeks after the investment has been made. For additional details and valuable advice on investment in venture capital, log onto www.grovest.co.za and make your investment grow without having to bear unnecessary risk. For More Information Visit: http://www.grovest.co.za/ Contact Us. 164 Katherine Street Pinmill Office Park, Building 2, Strathavon Johannesburg, South Africa, 2196 Email: email@example.com Tel: 011 262 6433
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