💨 Abstract

The 2025 SA Budget offers transfer duty relief for homebuyers, particularly first-time buyers, with a proposed 10% adjustment to thresholds. However, this is offset by a planned VAT increase from 15% to 16% over two years, which could drive up costs across the economy and potentially lead to higher interest rates, affecting the property market. The budget's impact on homeownership remains uncertain.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖