How to claim your 12J deduction

Dear Investor,

Tax filing season for individuals for the tax year ended 28 February 2020 is open

As an individual who invested in Fundamental VCC, you will be able to claim your Section 12J deduction by following the steps below:

Step 1: Collate your Fundamental VCC Investor Certificate which was sent to you by Fundamental. You should have received one certificate for each investment made in the tax year.

Step 2: Login onto your SARS Efiling account. (

Step 3: Under the Form Wizard, click on the Comprehensive section where you will be prompted to answer if you made any investments in a Venture Capital Company. Click yes. If you did more than one investment enter the number of investments you made. Each investment must have its own Investor Certificate.

Step 4: Fill the name of the SARS approved VCC, the subscription date, the VCC number and the amount you invested. This information must be the same as on your certificate.

Step 5: Complete the remainder of your tax return and submit any proof required by SARS (including your VCC Investor Certificate if requested)

Click here to download pdf or contact us at [email protected] with any questions.

Contact us

Contact details

+27 (0)10 599 0228
+27 (0)86 567 4135
50 Oxford Road, Parktown, Johannesburg, Gauteng, 2193
+27 (0) 82 906 2807
+27 (0) 86 647 7831
5th Floor, The Spinnaker, Albert Terrace, Durban

14 + 4 =

Johannesburg office

50 Oxford Road, Parktown, Johannesburg, Gauteng, 2193
+27 (0)10 599 0221
+27 (0)86 567 4135
[email protected]

Durban office

5th Floor, The Spinnaker, Albert Terrace, Durban
+27 (0)11 000 0303
+27 (0)11 000 6264
[email protected]

Participating member of the 12J Association of South Africa

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