PURCHASE PRICES ON IMMOVABLE PROPERTY – IS VAT OR TRANSFER DUTY PAYABLE?
Both VAT and transfer duty are taxes imposed by the South African Revenue Services on immovable property transactions, governed by the VAT Act and Transfer Duty Act respectively. There is sometimes confusion for sellers or buyers as to whether VAT or transfer duty will be applicable to a sale, and
PROPERTY ZONING VS CONSENT USE
Zoning A property is zoned by the local government on town planning stage. A zoning certificate is issued by the local government as confirmation of the classification of a specific property, further providing information relating to the uses permitted on such property. The certificate can be applied for and obtained
WHAT IS VICARIOUS LIABILITY?
Vicarious liability is a legal principle that essentially holds an employer responsible for the actions of their employees while they are acting within the scope of their employment. The South African law of vicarious liability applies to all employers, including corporations and individuals. It also applies to the relationship between
TO SHARE OR NOT TO SHARE
“Share – ing” may not always be caring if one wishes to sell and/or buy shares in a private company in South Africa. In South Africa, the legal consequences of selling shares in a company are governed by the Companies Act, the Securities Regulation Act, and relevant case law. According
TYPES OF MARITAL REGIMES IN SOUTH AFRICA: CHOOSING THE RIGHT “INGREDIENTS” FOR YOUR MARRIAGE
Scenario: You are a young couple, engaged and planning the wedding of your dreams, but during the midst of your planning, one month before the big day, one of your family members asks you if you have catered for the protection of your family business should your marriage ever dissolve
COLLISION, CONFUSION, COMPENSATION
HAVE YOU BEEN IN OR DO YOU KNOW ANYONE WHO HAS BEEN IN A MOTOR VEHICLE ACCIDENT? If you answered “yes” to the above question, then this may be beneficial to you. The Road Accident Fund (RAF) exists within South Africa in order to provide monetary compensation for certain loss
RETRENCHMENTS
Retrenchment can be a difficult and emotional process for employees, but it is important to know that they have rights and support available to them. The Labour Relations Act (LRA) in South Africa outlines the procedures for retrenchment and the severance pay that employees are entitled to receive. This article
CONTRIBUTE OR PAY…PART 2
In the previous article we discussed obtaining a maintenance order for your minor children. In this article we will be discussing enforcement of that maintenance order made against a defaulting parent. Scenario: After fighting a battle in the maintenance court, you successfully obtained a maintenance order against your ex-spouse/partner. After