Posts Tagged: south africa

Budget Summary 2020

National Budget Speech Summary 2020

Finance Minister Tito Mboweni stepped up to the lectern with his Aloe Ferox plant in hand today, to deliver to the nation the annual Budget Speech, setting out the government’s plan for its finances for the year ahead. “The Aloe Ferox survives and thrives when times are tough. It actually prefers less water. It wins… Read more »

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The Ironworks Apartment

Exclusive: Apartment for sale in Woodstock, Cape Town

Ultra Modern Furnished One Bedroom Apartment – The Ironworks Woodstock R1 890 000 This bright north facing 52sqm sixth floor apartment is located in the new Ironworks building in trendy Woodstock.  Fitted out in a scandi-style design with modern appliances and finishes including semi-block out roller blinds, engineered oak wood flooring and LG Artcool air… 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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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 »

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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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exchange of information

The Common Reporting Standard & South Africa

In June 2017, South Africa joined many other nations committed to providing information for the Common Reporting Standard (CRS) as developed by the Organisation for Economic Co-Operation and Development (OECD) in an effort to combat global tax evasion. Tax evasion and avoidance has become a global issue and governments are taking action to combat this trend… Read more »

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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 »

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