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IHFM Durban sectional title workshop The next IHFM ST workshop on will be held in Durban with Mike Addison from Addsure Sectional Title Insurance Specialists as the guest speaker.Piece of Paradise goes for R3.9mA prime piece of real estate comprising 3.3 hectares situated in the heart of green, unspoilt Paradise Valley - centrally located in Pinetown - has been sold to a developer R3.9 million. 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.