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Fractional conference comes to CTSA's 3rd Annual Fractional Ownership Conference is set to take place at the Westin Grand Hotel, Cape Town, on 21 August 2008, and will be followed by Fractional Ownership workshop the next day.Budget 2025: 0.5% VAT increase proposed for 2025 and 2026To 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.Biggest deal breakers for homebuyers While many buyers are willing to compromise on certain features, there are key deal breakers that can turn a once-promising property into a hard pass.