WITHHOLDING TAX

WITHHOLDING TAX

SALE OF IMMOVEABLE PROPERTY BY NON-RESIDENT SELLER – SECTION 35A OF THE INCOME TAX ACT NO. 58 OF 1962 EFFECT OF SECTION 35A OF THE INCOME TAX Section 35A of the Income Tax Act (“the Act”) came into effect on the 27th of September 2007 and has since imposed certain...
TRANSFER OF DECEASED ESTATE PROPERTY

TRANSFER OF DECEASED ESTATE PROPERTY

Who must pass transfer? Where property that does not form an asset in a joint estate is registered in the name of a deceased person, the executor or representative in the estate of the deceased is the appropriate person to pass transfer of such property. Where the...
PROPERTY BUYING TIPS FOR FIRST-TIME BUYERS

PROPERTY BUYING TIPS FOR FIRST-TIME BUYERS

PROPERTY BUYING TIPS FOR FIRST-TIME BUYERS Buying a property is a big decision and a big investment. And for that reason, it is imperative to be well-informed before making such a life-changing decision. The following basic tips will help you make an informed...