Archive | December, 2014

Opting for power outages right through the peak shopping season will inevitably mean lower trading revenues, which in turn will translate into lower value added and other taxes paid to government and further constrain its ability to address priority needs in housing, health care and education.

On secondary homes the R2 million exclusion falls away and income from rent is also taxable. However, any bond interest, maintenance and repair work, agency commissions and management fees are tax deductible, as are levies, should the home be subject to these.