The Companies and Intellectual Property Commission previously exempted payment of the prescribed fees relating to conversion of close corporations to private companies, for a period of 3 (three) years, from date of commencement of the Companies Act, No. 71 of 2008....
Finance minister, Nhlanhla Nene, announced in his 2015 national budget that the rates and brackets for Transfer Duty will be adjusted with effect, 01 March 2015. The purpose of this adjustment, according to Jacques du Toit of ABSA Bank Limited, is to “provide relief...
