IN an effort to bolster enterprise development and job creation, the South African Revenue Service has taken a leaf out of the UK’s book and created a new asset class for investors to consider: venture capital trusts.
Venture capital companies can now trade as trusts and give tax breaks to those who are prepared to throw some money behind small business. The potential risk-reward matrix could be very tempting.
To read the original article: Tax breaks for the angels | Companies | BDlive
