People & News

Budget 2010

Transfer duty is to stay the same, a move which disappointed Andrew Golding, CE of Pam Golding Properties (PGP). However the following extract - "Supported by rising spending on water and sanitation, these investments are critical to reshaping our townships, cities, informal settlements and rural areas. The State of the Nation address correctly identified a key gap in the housing market where middle income people cannot access sufficient finance to afford homes. Government and the banks will work together to find appropriate financing support measures so that more people can access home loans", was encouraging for house buyers, but needed to be taken further than is currently envisaged according to Peter Gilmour of Remax.

See Budget: transfer duty disappointment and Budget Tax Pocket Guide

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