April 25, 2023
April 25, 2023
The decision to move out of a large residence in favour of a smaller or less expensive property, also known as down-scaling, is often viewed as […]
August 26, 2022
August 26, 2022
You can use a loan re-advance against your house to purchase a rental property, and get the interest allowed as a tax deduction – it just […]
July 18, 2022
July 18, 2022
The Purchaser signs an agreement of sale with the Seller. The property is transferred into the Purchaser’s name. A month later, there were heavy rainfalls and […]
July 18, 2022
July 18, 2022
The subdivision of agricultural land or “farmland” is regulated by the Subdivision of Agricultural Land Act No. 70 of 1970 (hereafter “the Act”) which came into […]
October 9, 2019
October 9, 2019
The distinction between amounts received of a capital nature as opposed to a revenue (or income) nature is essential for income tax purposes. Non-capital amounts received, […]
July 15, 2019
July 15, 2019
Investing in a property or buying your dream home is an exciting and rewarding experience. But one of the not-so-exciting, but crucial parts of any property […]
January 9, 2019
January 9, 2019
Section 35A of the Income Tax Act[1] came into effect on 1 September 2007 and sets out the capital gains tax consequences of the sale of […]
July 16, 2018
July 16, 2018
The South African Revenue Service (SARS) recently published a media release to clarify the confusion about the customs requirements for South African travellers returning from abroad […]
May 15, 2017
May 15, 2017
Property related transactions are typically significant transactions, and therefore tax considerations linked thereto should be carefully considered. One such consideration involves the timing of the disposal […]