In the current economic environment, businesses are keen to reduce debt by paying down their commercial loans.

Real estate has long been a rewarding sector of the financial markets. Like all sectors, share prices and the underlying fundamentals of commercial property assets weakened in early 2020, as South Africa and the rest of the world came to grips with managing through the pandemic, with some sectors suffering more than others.

Cape Town’s new apartment and mixed-use property development The Harri is selling off the last of its 48 studios and lofts to South Africans wanting to put their tax liability to good use by investing in a Section 12J tax investment scheme.

“In an unexpected but welcome announcement, the Monetary Policy Committee today (14 April 2020) announced a further 100bps cut in the repo rate, reducing it to just 4.25%.

Investment into Section 12J venture capital vehicles has seen a huge uptake over the last 24 months as investors have realised the extraordinary tax incentive offered by SARS.

Whether investing in property for long-term returns or for resale in the short term, taxpayers are often faced with the question of how their decisions affect their tax liabilities.

When times are tough and consumer budgets are under pressure we hear a lot about mortgage defaults and home repossessions, but failing to pay your home loan instalments is actually only one of several ways you can cause your home to be attached and auctioned off?

Tuesday, 10 October 2017 12:20

Property seen as a safe haven asset

It is relatively straightforward to make a good property investment when the economy and housing market are booming.

For the second year in a row, the South African Revenue Service (SARS) has broken the Trillion Rand mark in revenue collection.

Daniel Silke is regarded as one of the South Africa’s leading political analysts and futurists. With over 15 years’ experience as a political analyst and futurist, it comes as no surprise that he is often interviewed to share his thoughts and opinions on the country’s leading television news and radio talk shows.

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