The Minister of Finance, Mr Enoch Godongwana, has, in terms of Section 77(1)(a) of the Financial Intelligence Centre Act, 2001 (Act 38 of 2001) (FIC Act), revised the threshold for cash transaction reporting (CTR) contained in the Money Laundering and
2022 / 08 / 17 Immovable Property Affairs: Do you own immovable property in SA and are you emigrating? Is it your intention to sell your immovable property? Then ensure a smooth transfer without any delays. It is important to
2022 / 07 / 21 There is a general misconception when it comes to taxes and deceased estates that the tax affairs of a deceased are handled and finalised by SARS. However, this is not the case as the onus
2022 / 07 / 13 It is imperative to have a Will, we cannot emphasize its importance whether you have a small estate or a multi-million rand estate. A person without a Will has no voice regarding their assets and
2022 / 06 / 23 Transfer duty is payable by the purchaser on the acquisition of immovable property or the acquisition of a real right in immovable property or the enhancement of the value of immovable property by the removal/renunciation
2022 / 06 / 23 VAT is levied at 15%. Certain property transactions will attract VAT and in which case they will not attract transfer duty. How do we know when the transaction attracts transfer duty or VAT? The golden