Part 1: 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.
- Supply of residential property by developers
- Temporary letting of residential property-deemed disposal
- Section 18D – permanent relief introduced
- Adjusted cost
Part 2: The subsequent sale of a residential property and the proposals outlined in the Draft Taxation Laws Amendment Bill (TLAB)
- Subsequent sale of residential property
- 2023 Proposals
- Conclusion
Source: www.fanews.co.za
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