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    Gold Member garthu's Avatar
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    Hi Camrei, not 100% if i have the q right but if you buy into the same VAT registered CC, the option for transfer duty OR VAt is not an option, VAT is automatic. If you buy into another name, private name for instance, yes you will pay transfer duty, but then you loose benefits also (but thats for a tax accountant). What you are able to do is "rent" the property to the company as an indiviual.

    The advantages of buying into CC were sorted out by SARS a while ago and pretty much gone. A trust (which comes with hectic tax implications if your accountant does not know how to handle this) is a way for alot of the big guys... but be careful with that... get advice from the right guys there!
    Garth

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    Camrei (30-Oct-10)

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