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August 25, 2016
How to register an inter-vivos trust? In South Africa there are mainly two types of trusts that are registered. An inter-vivos trust can be created between living persons, and a testamentary trust is created in the will of a deceased. An inter-vivos trust is registered at the office of the Master of the High Court […]
August 25, 2016
Transfer of a property: Is VAT or transfer duty payable? A purchaser is responsible for payment of transfer cost when acquiring an immovable property, but it should further be established if the transaction is subject to the payment of VAT or transfer duty to SARS. When an immovable property is transferred, either VAT or transfer […]
August 25, 2016
Published by VDHadmin at August 25, 2016
Categories
The Traffic Officer confiscates your cellphone: What you should know! Since 2011 the City of Cape Town: C, 2011 has made it possible for an authorised officer to confiscate your cellular device if you are caught using it in your car while driving. If you end up getting caught red-handed, these are a few things […]
July 26, 2016
Extending a sectional title unit: What you should know When you intend to make structural alterations to your unit there is a procedure prescribed by the Act that should be complied with before you start with the alterations. Any alterations that extend the boundaries or floor area of the unit will be seen as an […]
July 26, 2016
Published by VDHadmin at July 26, 2016
Categories
What is the sequestration process? The sequestration process involves a court application. The applicant in the application is either yourself for your own sequestration (voluntary surrender) or the applicant is one of your creditors (either a friendly or aggressive creditor). The applications are similar and although there are some different requirements for each, the result […]
July 26, 2016
Provisional tax for individuals: Did you know? Provisional tax is not a separate type of tax but pre-payments on income tax for a specific tax year. The aim of provisional tax payments is to help taxpayers to fulfil their tax responsibilities by spreading tax payments over a tax year. After SARS has assessed a taxpayer […]
July 26, 2016
Common law marriage in South Africa In South African law there is no such thing as a common law marriage. People simply believe that living together with another person for a continuous period of time establishes legal rights and duties between them. This is a common misunderstanding especially with young adults.The only way to be […]
July 1, 2016
How do I register a trust? A trust is an agreement between the person who owns the assets and the appointed trustees. A trust can be a good way to preserve your wealth for your family and children. A well-managed trust will make sure that anyone who is a beneficiary of the trust benefits from […]
July 1, 2016
Published by VDHadmin at July 1, 2016
Categories
Occupiers who can’t be evicted under the EST Act The Prevention of Illegal Eviction and Occupation of Land Act 19 of 1998 (PIE Act) provides, inter alia, the procedures for the eviction of unlawful occupiers. Section 1 of the PIE Act defines an “unlawful occupier” as someone who occupies land without the express or tacit […]
July 1, 2016
The Living Will Most people are familiar with a will or testament and understand the importance of having this legal declaration drafted, by which the testator nominates an executor to manage his or her estate and provide for the distribution of his or her property to beneficiaries when he or she dies. But how many […]