Property Law
Zero rated property transactions
When transferring immovable property from one party to another either transfer duty or VAT is payable. VAT is payable when the seller is a VAT vendor for purposes of the transaction wherein immovable property is to be transferred. If the seller is not a VAT vendor or where the transaction is VAT exempt, transfer duty more...
Primary Residence Tax Concession
Ryan Dingley comments on the primary residence tax concession that is available to South Africans until the 31st December 2011. Recent Tax Legislation allows homeowners who hold their property in the name of a company, close corporation or trust, to take the opportunity to transfer the property, free of any transfer duty, and capital gains more...