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Developments in the VAT and residential property realm - part 2

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<p><img src="https://biz-file.com/c/2310/715318-208x117.jpg?2" width="208" height="117" alt="Image source: nestega –" align="left"><br><span >Image source: nestega – [[www.123rf.com 123RF.com]]&lt;/span><p>In <a href="https://www.bizcommunity.com/Article/196/710/242518.html">part 1 of this article</a>, we unpacked the VAT rules that apply to fixed property transactions in South Africa and complexities that arise, the relief granted when temporarily letting a property, the introduction of permanent relief and an explanation of adjusted costs. In part 2, we review the subsequent sale of a residential property and the proposals outlined in the Draft Taxation Laws Amendment Bill (TLAB).</p><br> <a href="https://www.bizcommunity.com/Article/196/637/242690.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=637&ct=1&ci=242690">Send to a friend</a></p><div style="clear:left"></div>

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