Up to 20% of monthly living costs in South Africa could be going to rates from next week

South Africa News News

Up to 20% of monthly living costs in South Africa could be going to rates from next week
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The Organisation Undoing Tax Abuse has urged for a freeze on property valuation increases due to concerns that living in Johannesburg may soon become unaffordable.

Organisation Undoing Tax Abuse has called for the City of Johannesburg to freeze property valuation increases that residents cannot afford on top of already excessive increases in other city tariffs.

The organisation noted that unfair valuations have affected around 934,652 residents in Johannesburg. “Outa wants the city to hold off on increases linked to the updated valuations where objections have been lodged until these have been resolved,” it said.

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