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Property developers will face cash flow pressure due to VAT on temporary rental of residential units

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Property developers will face cash flow pressure due to VAT on temporary rental of residential units
© Romolo Tavani – [[www.123rf.com 123RF.com]]</span>The curtains have come down on section 18B of the Value-Added Tax Act, No. 89 of 1991 (VAT Act) and the resultant impact may catch a few residential property developers off-guard.
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