Investment incentive in South Africa

Investment incentive in South Africa

The following are the investment incentives in South Africa according to Section 12I Tax Allowance Incentive (12I TAI).

  • R900 million in the case of any Greenfield project with a preferred status
  • R550 million in the case of any other Greenfield project.
  • R550 million in the case of any Brownfield project with a preferred status
  • R350 million in the case of any other Brownfield project.
  • An additional training allowance of R36 000 per employee may be deducted from taxable income.
  • A maximum total additional training allowance per project, amounting to R20 million, in the case of a qualifying project, and R30 million in the case of a preferred project.

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John Muhaise-Bikalemesa (JMB), is the founder of Muhaise.com blog and bigdrumassociates.com company. Learn more about him here and connect with him on his social medias below

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