South Africans looking to pay less tax may consider investing in Grotech, a fund of Grovest Venture Capital Company (VCC) where investors are entitled to deduct the full amount of their investment from their taxable income in the tax year ending 29 February 2016. The tax relief is 41% for individuals and trusts and 28% for companies which mitigates the investment risk and significantly enhances the potential return. (more…)
Subscribe to our free newsletter
Stay at the forefront of financial advisory excellence with MoneyMarketing's weekly insights. As a professional adviser, you'll receive carefully curated content that enhances your practice and client relationships without cluttering your inbox. Our commitment to delivering only relevant, actionable intelligence helps you make informed decisions that drive your business forward. Join our community of leading financial professionals today and transform your practice with our complimentary newsletter—because your success is our priority.
