Posts Tagged: nonressa

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 >

Property Transfer and Bond Cost Sheet

Our property transfer and bond cost sheet gives an overview and simple breakdown of the costs involved when purchasing property in South Africa. These costs include attorneys fees (plus VAT), deeds office fees and transfer duty (for the total transfer costs). Please note that this cost sheet shows approximate costs and you should check the… Read more »

Read Complete Article >

pensionuk

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 »

Read Complete Article >

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 »

Read Complete Article >

AboutNonResSA

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 »

Read Complete Article >

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 »

Read Complete Article >

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 »

Read Complete Article >