Any references to the Section 12B allowance under the Income Tax Act, 58 of 1962 (as amended), relate to an accelerated capital allowance that may be claimed by a taxpayer in respect of qualifying assets, subject to compliance with the provisions of the Act.
The availability and utilisation of the Section 12B allowance are subject to applicable legislation and the assessment, verification and audit processes of SARS and other relevant authorities. While we take reasonable care to ensure the accuracy of the information presented, no representation or warranty is made in respect of eligibility, approval or any financial outcome arising from a tax claim.
Prospective Partners are encouraged to consult a registered tax practitioner or legal advisor to assess their tax position and suitability.
**No representation or warranty is made regarding eligibility or the extent of any potential tax outcome.