The sections which are relevant to the small business sector / venture capital are outlined below - section 12J (Venture Capital Companies) and the Sixth Schedule (Presumptive Turnover Tax).
Venture Capital Companies: pages 46 - 51 of the Bill (and 54 - 58 of the Explanatory Memorandum);
Presumptive Turnover Tax: pages 102 - 113 of the Bill (and 43 - 53 of the Explanatory Memorandum).
The SAVCA VC Development Sub-Committee will be meeting with National Treasury to discuss these proposed incentives.
Full details can be found on the SAVCA website
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