Container Asset Management

Containers have been around for a long time and there has been a marked increase in South African investment in these assets due to the high yield resulting from the current exchange rate.

Containers are an asset and not a financial service as defined in the FAIS Act. They are SARB Exchange Control approved. Container asset management has been around since the 1960’s and is clearly itemized in the SA Tax Act as an ‘asset purchased in the production of income’ and thus as such attracts the corresponding tax allowances.

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