Wealth + Investment
SECTION 12J WEALTH MANAGEMENT
EXPERTISE FOR LAW FIRMS
SECTION 12J WEALTH MANAGEMENT EXPERTISE FOR LAW FIRMS
Taurus Capital has partnered with Westbrooke Alternative Asset Management (WAAM), South Africa’s largest Section 12J fund manager, to assist clients with reducing their individual, trust and company tax liabilities.
Section 12J is an investment tax incentive designed to boost the local economy, by encouraging investment into a range of private companies which meet defined criteria. The incentive gives taxpayers the ability to write off 100% of their investment against their taxable income. Individual investors benefit from up to 45%* immediate tax relief, reducing the cost of the investment, providing downside protection and enhancing overall returns.
Together with Taurus Capital’s in-depth knowledge of the financial constraints and opportunities faced by law firms, WAAM is able to construct outcomes-based solutions which are customised, diversified and geared towards realistic, predictable growth that preserves capital in a risk-managed environment.
*at the maximum marginal South African income tax rate