No hype, just solid numbers outlining the impact of the tax breaks on investment returns
Editor’s note
This article is an updated version of the article originally published in the November 2019 issue of Personal Finance.
Given that most of the investments made at the time will have matured, by now, we thought that it would be interesting to compare the predicted outcomes with the actual result—and whether the tax treatment had in fact reflected what was predicted just over 5 years ago.
Finally, we look at investment returns and the impact on the tax incentives on the Section 12J investment compared to an ordinary investment made from after-tax funds.
JERRY MAGUIRE (portrayed by Tom Cruise) will go down in film history for his memorable quote, when he shouted, “Show me the money!”
However, while I’m unlikely to achieve anywhere near a similar level of fame, when it comes to the tax savings that purveyors of Section 12J investments love to shout about from the rooftops, my response to them is, “Show me the numbers!”
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