It was once fashionable to hold property in a company, so that when you wanted to sell it, you sold the shares only and the purchaser avoided Transfer Duty, so you got a better price. That led to a structure like this.

 

 

 

This...

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The property market in South Africa is undergoing zero or near-zero growth, doubtless because it reflects the economy in general, and also because so many income earners are leaving the country because they believe they can do better elsewhere.

So, is it a good time to buy?

It usually makes no difference whether you buy when the market is low or when it is high. The trick is always to buy below prevailing prices....

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VAT on student accommodation

I recently had a call about whether student accomodation is a VATable supply. This is an important consideration if you are planning to buy a property for that purpose.

I could not answer off the top of my head, so had to do some research and surprise, surprise, there is no simple answer....

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Memberships

South African Institute of Chartered Accountants. Designation CA(SA)  Internationally Accredited Financial MediatorsIndependent Regulatory Board for Auditors. Designation RA<Engineering Council of South Africa. Designation Pr(Eng) Member of MENSA, the High IQ Society

 

 

 

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