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zambia

Property Transfer Tax in Zambia: Obligations on Property for Sell

Who pays property transfer tax in Zambia? A common question sometimes in property transactions once the ideal real estate is found and buyer wants to move on transaction. Let’s begin by adding some definitions: Property in this case will be regarded as any land in Zambia including any buildings or additions made to or on the land at the time the transfer is effected or made. Property Transfer Tax (PTT)...

Your Tax Obligations on Rental Property

NOTE: 2022 Update here; 2022 Budget Changes on Rental Income Taxation Give to Caesar that which belongs to Caesar. A little difficult most times to know everything that belongs to Caesar, perhaps Caesar owns far too much? Regardless, it is important to be compliant and avoid running into any potential trouble with the law. Ignorance is no defense. Recently, the Zambia Revenue Authority (ZRA) has been...

What Affects Perceived Property Value

Some of the features that help increase perceived property values are obvious-like a re-modeled bathroom, a modern kitchen, or a sought-after neighbourhood. But here are a few features and circumstances you may not have realised can affect your property values. The neighbours: Not every neighbourhood or community has an appealing perceived surrounding or neighbourhood. Your surrounding neighbours’...

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