Are you an aspiring venture capitalist? Do you want to know the technical ins and outs of investing in the sector?
Do you know that tax legislation in South Africa makes investing in venture capital businesses attractive and tax efficient?
Investors are entitled to deduct the full amount of their investment from their taxable income in the tax year ending February 28 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.
Would you like to know how?
Join us on January 20 2016 at 12 noon when Moneyweb Managing Director (MD) Marc Ashton will be hosting a Webinar with Clive Butkow, chief investment officer at Grotech.
Butkow is the former Chief Operating Officer of Accenture South Africa and has 28 years of management consulting experience. During his tenure at Accenture (formerly Arthur Andersen and Andersen Consulting), he held numerous leadership roles including MD of Accenture South Africa’s Technology business as well as MD of Accenture’s Resources and Utilities businesses.
Butkow has deep technology skills from working across multiple industries including financial services, resources, retail, automotive and communications. He has leveraged these technology and business transformation skills and helped drive significant shareholder value for many South African clients.
This webinar forms part of the Moneyweb Acumen series and is available at no charge to subscribers to the Moneyweb Insider Gold offering.
Non subscribers can register for the Webinar at a cost of R180.
Please e-mail your questions for the panel to firstname.lastname@example.org