September 7, 2021

PROPOSED LEGISLATIVE CHANGE: VAT AND THE TEMPORARY LETTING OF PROPERTY

The VAT Act makes provision for the supply of residential fixed property by a VAT vendor (being a property developer) to be subject to VAT at […]
March 15, 2018

VAT INCREASE AND THE EFFECT ON PROPERTY TRANSFERS AND THE REGISTRATION OF TRANSFERS BEFORE AND AFTER 1 APRIL 2018.

The increase was announced in the Minister of Finance’s Budget Speech on 21 February 2018. The standard rate of VAT will change from 14% to 15% […]
September 18, 2015

Transfer of a property: Is VAT or transfer duty payable?

A purchaser is responsible for payment of transfer cost when acquiring an immovable property, but it should further be established if the transaction is subject to […]
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