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From monthly archives: March 2018

We are pleased to present below all posts archived in 'March 2018'. If you still can't find what you are looking for, try using the search box.

The setting aside of proof of income for granting credit

The ruling held that a proof of income won’t be needed by consumers in order to apply for credit.

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No fire protection equipment in Sectional Title Scheme

A sectional title complex on the South Coast was faced with a serious problem relating to fire protection during power outages.

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What you need to know about Section 12J Companies

Section 12J provides an avenue for individuals and businesses seeking to reduce tax liabilities and creates a source of return in a market which is overrun with volatility and uncertainty.

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Kick-back policies in estates hamper free market forces

There are instances where the management companies of upmarket estates deduct a percentage of the value of a property automatically (usually from the estate agent's commission).

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What VAT increase means for your property transactions

Effective as of 1 April 2018, the will be an increase of the VAT rate from 14% to 15%. Real estate transactions are also affected by the increase. 

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CPA - client's right to cancel a timeshare contract

Timeshare contracts are structured in such a way that they can’t be terminated. This means the process of getting out of timeshare obligations can thus be very difficult for the average person.

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Identity Theft - What can you do to protect yourself?

A problem many people face nowadays is identity theft. This has especially become a problem thanks to individuals oversharing personal information on social media platforms. 

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Retirement Property Purchase Options

When considering your options for retirement it is important for you to plan and carefully consider the financial implications that come with the various types of sales transactions. 

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Major Legislation to be introduced soon - 5 Acts to Follow

By the end of January 2018 there were 41 bills in Parliament. Many of these are expected to be finalised within the first term of president Cyril Ramaphosa. 

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You could have relief from the VAT increase. How?

The VAT increase from 14% to 15% as of 1 April 2018 has led some to question how it will affect fixed property sales that are in progress or under negotiation. 

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