Water rights – trade and costs

The Court ruled in Minister of Water & Sanitation v Lotter and Others CC  that, in the absence of a clear enough proscription of trading in water use entitlements (which there is not), private persons must surely be perfectly entitled so to trade, and there is no...

South Africa grey listed

South Africa did not do enough to combat money laundering and the financing of terrorism. Grey-listing is an opportunity to resolve these issues and be delisted. On average grey listing ends after 3 years of efforts to fix the issues.

Sars’s Voluntary Disclosure Programme (VDP)

The onus is on the applicant to establish on a preponderance of probabilities that its VD Application had been brought voluntarily o be successful. If an  an element of compulsion was present at the time the taxpayer sought VDP relief it will indicate an absence of...

Less transfer duty payable from 01 April 2023

For transactions signed between 1 March 2023 – 29 February 2024 transfer duty will be 3% of the value above R1 100 000 (previously above R1 million) and R12 375 + 6% of the value above R 1 512 500. For higher values: R48 675 + 8% of the value above R 2 117 500; R97...

Festive Season

Our offices will close for the public on 15 December 2022. We will reopen on 9 January 2023. Bond and property registrations will continue for as long as the Deeds Office and municipalities are open and active. We appreciate your ongoing trust and business engagement...