RE/MAX logo

FINANCING Rates and Taxes

MPC BUYS CONSUMERS MORE TIME

South Africans avoid any further tightening of their purse strings this afternoon following the announcement by the Monetary Policy Committee (MPC) of 2018 that interest rates would remain unchanged. The prime lending rate thus stays at 10% and the r... Read more

THE INS AND OUTS OF CAPITAL GAINS TAX

While most property transactions will not be subject to Capital Gains Tax (CGT), it is still important to understand the implications that it could have, especially if your home sells for more than the primary residence exclusion threshold. Formin... Read more

PROPERTY VALUE AFFECTS RATES AND TAXES

Each month homeowners receive a bill for the rates and taxes applicable to their property, but what are these municipal rates used for and how is the amount worked out? Municipal property rates are financial liabilities that owners of immovable pr... Read more