Effective investment in a Section 12J company requires careful consideration of many more factors than just their beneficial tax structure, particularly when it comes to choosing which Section12J companies are best suited to each individual client.
In the past there were a variety of options for South African taxpayers to legally reduce their annual tax liabilities. Changing economic times and an increasingly challenged fiscus have meant that, over the years, the number and variety of these options have steadily been reduced.
CCP12J Fund received the largest proportion (17.5%) of funds allocated by Metta Capital - a first-of-a-kind, Section 12J portfolio of funds.
The Investment Memorandum published by Metta Capital contains a table of fees charged and returns targeted by the funds that passed its rigorous selection criteria.