Huizemark JHB North East

09/06/2023

21/03/2018

Everyday should be HUMAN RIGHTS Day...

06/03/2018

Very Good read... interesting ... Huizemark Vereeniging .. Huizemark Westrand Rentals .. Huizemark Johannesburg South

ESTATE AGENT COMMISSION AND VAT

The VAT increase coming into effect on 1 April 2018 triggered some tricky questions. One of these is the question what the VAT rate will be in the case of estate agent’s commission payable in respect of a mandate granted to the agent before 1 April 2018, where a sale is completed (all suspensive conditions fulfilled) after this date.

VAT legislation determines that the time of supply is crucially important when deciding on the applicable VAT rate (unless there are exemptions or transition periods). In the commission scenario, there is generally an ongoing supply of services by the agent, that must be apportioned in terms of the transition rules, although the commission is payable on registration of the transfer. Depending on the wording of the mandate agreement, the most transparent way of dealing with the VAT question would be to apply a time apportionment to the calculation. For example, if the mandate was granted on 15 March and a sale completed on 15 April then 50% of the commission carries VAT at 14% and the remainder at 15%.

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12/02/2018

Its in the blood... art jamming in bedford centre ... brand awareness.... thanks Michael Constantinides....

13/12/2017

Interesting ... what to expect in 2018.

The country’s residential property market is expected to remain resilient, as there is still healthy appetite for property investment.

28/11/2017

Interest rates... different opinions...

Private Property CEO, Simon Bray and other leading property figures give their views on SARB’s decision to leave the repo rate unchanged.

28/11/2017

Interesting... right of first refusal... good read..

Verna Freeman
Jack Ruschin
Carmen upiter
Anthony Rosmarin
Natasha Madeleine Hernandez
Steven Fisher

Search property for sale or to let in Cape Town. IOLProperty is South Africa's biggest property site... by far.

26/11/2017

Awsome....

Sasolburg. Everyone welcome.

19/11/2017

On show come view this property as a rental

This new development features a ground floor with lounge and dining rooms , guest toilet and kitchen , also boasts a large guest suite with a kitchenette , bathroom , shower only and a separate entrance . Front and back gardens , paved . The second floor features loads of built in cupboards and a se...

19/11/2017

On show ... huge potential for such a massive property...

This gorgeous entertainers dream with a massive garden hidden away in upper hougton. The home boasts at least three bedrooms and three bathrooms , entertainers paradise on the ground floor and a massive lounge and dinning area with open plan kitchen. The sliding doors open to a gorgeous pool area an...