Category: News Article
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Dividing Estates – What happens when an individual doesn’t have a Will.
When a person passes away without leaving a valid will behind, the family of the deceased is left without a guide of how the estate will be divided and this, many times causes a panic amongst those left behind. Questions arise such as: What will happen to the assets now? Will it be forfeited to…
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Budget Highlights 2019/2020
No major changes or surprises in the 2019/2020 Budget Speech. Individual Taxpayers should take note of the changes in their Personal Income Tax after their annual salary increase. There are no changes to Transfer Duty offering relief to property buyers.
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Property Developers Beware: How taxes can disrupt your cash flow
A recent Supreme Court of Appeal (SCA) judgment has confirmed that when a property developer enters into an agreement with a buyer to transfer the property, even if the developer only actually gets paid in a subsequent tax year, the income is deemed to have accrued to the developer at that date. The developer must…
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Festive Wishes from the Directors at Faure & Faure Inc.
Festive Wishes from the Directors at Faure & Faure Inc.
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Buying Property this Festive Season? Check the Title Deed First!
Firstly, what exactly is a title deed and why check it? In a nutshell, a “Title Deed” (also called a “Deed of Transfer” – they’re the same thing) is proof of who owns a particular property. It’s issued by the local Deeds Office after a conveyancing attorney has registered transfer to a new owner. The…
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Firearm owners: What to do if your licence has expired
Possession of an unlicensed firearm is, for good reason, a serious offence carrying heavy penalties. Media reports suggest that only 3m out of a total of 5.3m guns are registered and legally owned. That’s 2.3m illegal firearms out there! What happens when a firearm licence expires? Caught up in this is the almost half a million…
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Expunging a criminal record for the use of dagga – Criminal Record Dagga
With the recent judgment in the matter of the so called “Dagga couple” (Minister of Justice and Constitutional Development and Others v Prince (Clarke and Others Intervening); National Director of Public Prosecutions and Others v Rubin; National Director of Public Prosecutions and Others v Acton (CCT108/17) [2018] ZACC 30; 2018 (10) BCLR 1220 (CC) (18…
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What to do when you are a victim of a Cybercrime
Property Scams – Beware (Cyber) Wolves in Sheep’s Clothing! Advances in information technology and electronic banking have made life much simpler for many of us. The decrease in the amount of time and effort spent is however coupled with an increase in the risk of theft, fraud and error. As such, cybercrime levels are surging…
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Making a difference in the lives of young women
Faure & Faure Inc. and Rawson Properties visit Klein Nederburg Secondary School As South Africa celebrates National Women’s month, one is reminded yet again of the importance of both celebrating the powerful achievements of women in our country and society and also finding ways to empower our women and girls. Faure & Faure Inc. is…
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Should you have your own Lawyer?
On a daily basis our clients are hard at work, engaged in a myriad of business activities, personal pursuits and relationships that have legal consequences. Our clients have misfortune and disputes, their children and family members have fights, accidents, collisions, break the law, sell, buy, divorce, retire, enter into employment, resign and unfortunately sometimes they…