Posts Categorized: Non Res News

National Budget Speech Summary 2019

This week the Minister of Finance delivered the annual Budget speech for South Africa’s year ahead.  In his speech, the Minister, Tito Mboweni placed emphasis on ridding the government of rot in order for new growth to take place – a clear indication that the ruling party are trying their best to clean up the… Read more »

Read Complete Article >

Finding the right Estate Agent to help you

With the advancement of technology throughout the world, many industries and jobs have changed and/or moved online.  Real Estate is no exception, with online estate agencies popping up left, right and centre.  While some see value in the ability to operate and do things online, when it comes to buying or selling a home, most… Read more »

Read Complete Article >

Financial Emigration

South African Financial Emigration

Recent reports have shown that there has been a noticeable uptick in the number of South Africans looking to emigrate, but many don’t know how to go about the financial side of things.  While many think that they can simply pack up and go and just “send the money”, the reality is not as straightforward…. Read more »

Read Complete Article >

Non Res SA

The Ramaphosa Effect On The Rand

Since the last few trading days in November the value of the Rand has appreciated significantly when measured against the Dollar, the Euro and the Pound. In the days leading up to the African National Congress (ANC) conference, 18th Dec 2018, we saw an ailing Rand where political and economic risks were generously priced into the… Read more »

Read Complete Article >

VAT

VAT & Property

Recently, after much speculation, then Finance Minister Malusi Gigaba (now replaced by Nhlanhla Nene) announced a raise of the percentage of Value Added Tax (VAT) from 14% to 15%, effective from the 1st of April 2018. While many wonder whether this is the way forward, it should be noted that VAT hasn’t had an increase… Read more »

Read Complete Article >

vehicle registration

Motor Vehicle Registration for Non Residents

UPDATE (04/09/2018): Many of our clients are struggling at the Traffic Department to register vehicles or obtaining a Traffic Register Number.  We have tried to get further information from the Traffic Department with no success, and therefore the information in this article serves as a guideline using the information we were able to obtain previously… Read more »

Read Complete Article >

electrical compliance

Property Compliance Certificates

A compliance certificate is a document which provides the parties with an assurance that all required safety standards have been complied with.  Some certificates are required under National Legislation such as electrical and electric fence, whereas others are required by Municipal By-Law such as the Plumbing Certificate required by the City of Cape Town. ELECTRICAL… Read more »

Read Complete Article >