Transfer Duty, Withholding Tax & Capital Gains Tax (CGT) 2017
With the announcement of the annual budget towards the end of last month, Minister of Finance, Pravin Gordhan focused on key issues of reducing government spending and working towards radical economic change. While the main interest for most of us was the rise in Income Tax, for those looking to purchase or sell property it… Read more »
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South African Budget Summary 2017/18
Yesterday Minister of Finance for South Africa, Pravin Gordhan delivered his annual Budget Speech, focusing on the 2017/18 year ahead. In his address, he spoke of Government’s plan for growing a stronger economy and having a budget that can thrive and deliver to the country’s citizens over the long term. Expected economic growth this year… Read more »
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You and Your UK Pension
Reviewing a UK Pension – Do I need to move it upon arrival? Speak to anyone relocating from the UK who has a UK pension and they will tell you that they’ve been approached by a financial advisor recommending their pension is moved to a QROPS². Often the approach is made within a short time… Read more »
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Brexit & The Currency
We’re now into month four after the Brexit referendum. The leave campaign was looking like it would suffer a defeat at the hands of the stay campaigners, but as we all know, what would come around at 2am the following morning would be the biggest upset in the governments history. The uncertainty has spooked the… Read more »
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Signing an Offer to Purchase
We are all aware of the saying “signing your life away”, but do we always take note of what it is we may be signing? South Africa has one of the best Deeds Registries in the world and while this is great it does mean that the property transfer process has quite a few regulations…. Read more »
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Travel: Oudtshoorn “The Ostrich Capital”
Most visitors to South Africa and especially the Western Cape, visit or have heard of the beautiful Garden Route, with its green foresty areas and stunning ocean views. But head inland over the breathtaking Outiniqua pass, through vast expanses of karoo land and you arrive in Oudtshoorn. Oudtshoorn’s history and growth dates all the way… Read more »
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South African Banking Sector
Political developments once again dominated the South African economic landscape in the first quarter of the year, with revelations on ‘state capture’ and the Constitutional Court ruling opening national and ruling-party debate over whether the president should serve out his second term of office. Markets progressively took the news as positive, with the rand’s rally… Read more »
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The Politics of Tax
The art of taxation is in plucking the most feathers from the goose without the goose hissing – J B Colbert Over the past number of years taxpayers have been frustrated by how government collects revenue and by how it has introduced financial policies that are implemented by the revenue department. While no excuse can… Read more »
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Work Visas/Permits For South Africa
Recently we have had quite a few clients enquiring about coming to work in South Africa and want to know what options they have regarding work visas/permits.
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Buying Property In A Trust
We are often asked by clients of the advantages and/or disadvantages of buying a home through a trust as opposed to buying it in your individual capacity.
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