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Somerset West’s Cape Dutch style homes For those who dream of owning the quintessential Cape home, a three bedroom cottage with patio shaded by a grape vine is on sale for R1.85m. Spanish Farm – is the picture that good? Spanish Farm is an upmarket suburb in Somerset West, claiming to have its fair share of millionaires. Are property prices really on the up? Budget 2025: 0.5% VAT increase proposed for 2025 and 2026 To raise the revenue needed, the government proposes to increase the VAT rate by half- a percentage point in 2025/26, and by another half-a-percentage point in the following year. This will bring the VAT rate to 16 per cent in 2026/27.
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