Rebosa 20 March 2018 Report

Dear Colleagues

VAT:  IMPLICATIONS FOR REAL ESTATE TRANSACTIONS

The VAT rate has increased to 15%.  Please read article below courtesy of John Gilchrist, Director: Property Law Publications.  This article supersedes all previous correspondence sent by Rebosa on the VAT issue.

VAT 15% ARTICLE – Rebosa 19032018

 

CONTINUOUS PROFESSIONAL DEVELOPMENT

It is really most unfortunate that in the 4th year of CPD we still have to communicate that the whole endeavour remains fraught with difficulty.  

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2018 SAICA ESTATE AGENTS TRUST ACCOUNTS INFORMATION SESSION

The South African Institute of Chartered Accountants (SAICA) is hosting the 2018 Estate Agents Trust Accounts Information Session on 12 April 2018. The information session will cover various matters of interest to auditors of estate agents with respect to their engagements in terms of the Estate Agency Affairs Act.  

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2018 SPECIAL PROJECTS DISCRETIONARY GRANTS ARE NOW OPEN

The Services SETA is inviting all prospective and interested Public Institutions to apply on the Services SETA Portal in order to be supported to acquire discretional grant funding.

The window will be open from 05 March 2018 to 19 March 2018 at 16:00. The funding is restricted to skills programs and qualifications currently accredited by Services SETA.

Click here for further information.

Participating in the Continuing Professional Development programme during 2018

The fourteen selected topics, and Integrated Real Estate Dialogues, comprising the CPD programme for 2018

CPD participants are advised that the CPD programme for 2018 comprises the following fourteen topics, six of which are reserved for principals only.  In addition to the listed topics the EAAB will also continue to present the annual Integrated Real Estate Dialogues, which are open to both principals and non-principals alike, for the accrual of verifiable CPD points.  

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CONTINUING PROFESSIONAL DEVELOPMENT (“CPD”) IN 2018

For Principal and Non-Principal estate agents only (excluding Intern estate agents)

CPD compliance in 2018

CPD participants, that is to say, all non-principal and principal estate agents who have been issued with valid fidelity fund certificates for 2018 by the EAAB (excluding intern estate agents presently holding valid ‘intern’ fidelity fund certificates), are reminded that they are required, in terms of the Standard of Training of Estate Agents Regulations, 2008, to comply with the prescribed CPD programme in 2018.  

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