TAXES ON PROPERTY • “The transfer duty rate on properties above R10-million will increase from 11% to 13%,” said the minister in his speech. CAPITAL GAINS TAX • Government proposes increases that will raise the “maximum effective capital gains tax for individuals from 13.7% to 16.4%, and for companies from 18.6% to 22.4%”.
I will add more information as it becomes available.
Regards Francesca Beattie