Cape Town's major changes to property taxes under fire from large owners
2 Articles
2 Articles
Cape Town's major changes to property taxes under fire from large owners
SA's largest commercial property association wants an urgent meeting with the City of Cape Town over plans to institute above-inflation rate hikes and change water and sanitation charges to link them to property values.
Cape Town’s property rates set to increase – here’s where every R1 in property rates will go – Property Wheel
Cape Town’s property rates will increase by 7.96% during 2025/2026 to assist in funding major safety and infrastructure investments, says the City of Cape Town and based on its own analysis of 2025/2026 draft Budgets tabled by each metro, it currently offers the lowest property rates for both residential and commercial. The next metro, Joburg, is 42% higher for commercial and industrial property rates and 33% higher for residential property rate…
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