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BPR 135: Improvements effected on land in terms of a long term lease

11 February 2013   (0 Comments)
Posted by: SAIT Technical
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By SARS Legal & Policy

SARS recently issued Binding Private Ruling (BPR) 135.

This ruling deals with the income tax consequences, for both the lessor and the lessee, resulting from a long term lease agreement in terms of which the lessee will be obliged to effect improvements on immovable property without any claim for either compensation for the improvements or for the removal thereof upon termination of the lease.

This binding private ruling is valid for a period of 5 years from 30 August 2012.

Please click here to download BPR 135.


Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.


The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

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