Ngcobo SN Inc

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  • 18 Badenhorst Road Blackheath, Randburg
  • 21 Aurora Drive, Umhlanga, Durban
  • Office 6 Cnr Kiewiet & Mossie Str Hiz Place Secunda, 2302
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Ngcobo SN Inc.

Budget 2026: How Much Will the Increased CGT Primary Residence Exclusion Save You?

Leave a Comment / Personal Finance, Property, Tax /

Phew! No major tax increases are planned, and taxpayers will benefit from zero “bracket creep” across a range of taxes. While property sellers and buyers will be disappointed that transfer duty thresholds have not increased, there’s reason to get very excited about the 50% increase in the primary residence CGT exclusion from R2m to R3m.

Read on for an illustrative calculation of CGT savings, some of the more important tax tables, and a calculator to show you how much more or less you will be paying in taxes.

Budget 2026: How Much Will the Increased CGT Primary Residence Exclusion Save You? Read More »

Your New Car’s a Lemon: Here’s How to Make Lemonade and Get Your Money Back

Leave a Comment / Consumer Law, Delict and Civil Claims /

You buy a second-hand vehicle and finance it through a bank. When you realise the vehicle is a complete lemon, you cancel the sale and return the vehicle. But the bank still wants its monthly instalments.
We have good news for you. The Supreme Court of Appeal has just held that a bank in that situation was, per the terms of its own agreement, the “supplier” of the vehicle and must refund to the buyer both the deposit and the monthly instalments she had paid it. How did that come about, and what must you prove to win your case?

Your New Car’s a Lemon: Here’s How to Make Lemonade and Get Your Money Back Read More »

Choose Your Conveyancer with Care! A Cautionary Tale of “Fraud Unravels All”

Leave a Comment / Property /

Buying and selling a house is probably one of the most important financial transactions you will ever be involved in. Not to mention the emotional aspect of acquiring or letting go of your “home sweet home”.
This is why it’s vital to choose the right conveyancer. Case in point, a recent court battle which saw a couple losing ownership of what they had fondly believed to be their new house. A crooked attorney, in cahoots with her trustee husband, had defrauded both the original owner and the buyers at the end of the transfer chain. And in law, “fraud unravels all.”

Choose Your Conveyancer with Care! A Cautionary Tale of “Fraud Unravels All” Read More »