Lessees often enter into leases of vacant commercial or industrial land and erect buildings on the land. Tax Partner at Cameron & Prentice Chartered Accountants, David Warneke, explains the tax effects of these agreements

Johannesburg’s vibrant city economy, along with a limited supply of quality rental accommodation and policy efforts at urban renewal, has created an investment opportunity in the inner city

A number of comentators present their outlook on the listed property sector amidst a local rising inetrest rate and a global inflationary environment

Agents see growing trend of large businesses to avoid paying their full commissions

What are Capital Allowances?
Capital allowances are a relief from income tax and are based on the capital expenditure incurred on the provision and installation of certain fixed assets in a building that suffer wear and tear, as well as on various types of properties, including certain industrial buildings and hotels.

AUCTION Alliance will conduct one of the country's largest property portfolio auctions next month, with a R200m multiple commercial property sale.

DEVELOPERS were up in arms this week after the Johannesburg office of the South African Revenue Services (SARS) allegedly refused to grant transfer duty receipts to property buyers whose tax affairs were not in order.

Twenty-five investment projects worth R29bn were approved under government’s strategic investment projects incentive programme between April 2002 and March last year, according to a report tabled in Parliament this week.

The Estate Agency Affairs Board is holding nationwide seminars to guide agents in fulfilling their obligations in terms of the new Financial Intelligence Centre Act.

The announcement that the Council for the Property Valuers Profession (CPVP) has decided to establish a registration category of 'Single Residential Property Assessor' to accommodate estate agents is good news for the property industry, says Bill Rawson, national president of the Institute of Estate Agents.