DA Pretoria Tshwane Caucus: May 2009

Sunday, May 3, 2009

In total 9 candidates from Gauteng North were elected to the Gauteng Provincial Legislature and the National Assembly; four more than in 2004!
Three of these, Fred Nel, Natasha Michael and Stevens Mokgalapa are from the DA Tshwane Pretoria Caucus while Les Labuschagne, Rika Kruger and Manie van Dyk are re-elected. Les (former National Assembly MP) and Rika to the Gauteng Legislature and Manie to the National Assembly.
New MP's include Sej Motau, Junita Kloppers-Lourens and Kenneth Mubu.
We wish our colleagues all the best - now for the 2011 Local Government Elections!!!

How Do I Calculate My Property Tax?

There is quite a lot of anxiety about the new property rates taxes that will come into effect on 1 July 2008. However, before you panic we provide you with the formula that the Tshwane Council will use to determine your new monthly property rate tax. Here is what you should do to calculate your property tax.
First, go to http://www.tshwane.gov.za/ to see what your new property valuation is.
Secondly, apply the following formula to calculate your new tax rate.

Your property value - R50 000 X 0,9% - 35% ÷ 12 months = monthly rate

Example for a property valued at R 1 million:
(1000 000 - 50 000) X 0,9% - 35% ÷ 12 = R463,13 per month

We hope that you find this information useful and that it provides certainty about your new property tax rate.

DA Pretoria Tshwane Caucus

Sunday, May 3, 2009

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