What happens to your deposit if the home sale falls through?
It depends on which party is responsible. It’s every home buyer’s worst nightmare. You find your dream home; your offer is accepted; and you pay a deposit only for the sale to fall through before the property is transferred into your name. The question now is, where does this leave your hard-earned deposit? The answer […]
Another year, another mini-budget
2022 MTBPS Review: Relatively more pro-growth, and firmly consolidating In previous years the MTBPS, otherwise known as the ‘mini-Budget’, has served as an economic and fiscal ‘fork in the road’, reflecting on Budgets past and setting out the policy framework for forthcoming Budgets. In other words, the MTBPS is exactly what it says on the […]
How will the 2022 Budget changes affect you?
The annual National Budget Speech was delivered on 23 February 2022 by Finance Minister Enoch Godongwana. Practitioners are getting to grips with some of the more pertinent changes that will become a reality for taxpayers, particularly in the individuals, employment and savings areas. Reviewing the timing of accrual and incurral of variable remuneration Section 7B […]