Posts Tagged: cape town

The Ironworks Apartment

Exclusive: Apartment for sale in Woodstock, Cape Town *SOLD*

*SOLD* Ultra Modern One Bedroom Apartment – The Ironworks Woodstock R1 798 000 Ultra Modern One Bedroom Apartment This bright, north facing 52sqm sixth floor apartment is located in the new Ironworks building in trendy Woodstock. Scandi-style design with modern finishes including semi-block out roller blinds, engineered oak wood flooring and LG Artcool air conditioner…. Read more »

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Exclusive Use Areas

Exclusive Use Areas In Sectional Title Properties

Following on from our article on Buying in a Sectional Title Scheme, we delve a bit more deeply into Sectional Title Schemes, more specifically Exclusive Use Areas (EUA). To recap, a Sectional Title Scheme is a complex or development where a person purchases a section together with an undivided share in the common property. Sectional… Read more »

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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 »

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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 »

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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 »

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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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politics tax south africa

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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