FMX: King of the Whip is Back!

FMX: King of the Whip is Back!

After being put on hold for the past two years, LW Mag is excited to announce that the King of the Whip – Best Whip Contest, presented by Pringles in association with Monster Energy, Yamaha, Garmin, Motul and Estrella Cerveza, is back!

On the 19th of November 2022, this adrenaline-fuelled Action Sports event moves to its new home in Montecasino. Witness top Motocross and Freestyle Motocross athletes battling it out for a share of the prize purse and see who’ll be crowned King of the Whip.

Doors open at 2 pm with proceedings set to kick off at 4 pm and continue into the evening as the final showdown takes place under the night lights and flashes of pyrotechnics. Riders will be pitted against each other in the Best Whip qualifying jam session rounds where judges will be looking for style, amplitude and variation. Riders that score high enough points will advance to the semi-finals and finals.

Dallan Goldman in action at the last King Of The Whip

 

King of the Whip 2022 will also showcase the FMX Best Trick contest with both right-side up and up-side down categories.
The R100 000 cash prize purse will be split between 1st, 2nd and 3rd in the Best Whip contest, and between the 1st place riders in the FMX Best Trick contests.

Two international riders have stepped up to that plate and will be making their way to South Africa to compete against the local heroes. Current X-Games Best Whip gold medallist and Freestyle Motocross star, Belgium’s Julien Vanstippen, is excited to put on a show for the fans while looking to claim another gold medal.

USA’s Patrick Evans is ridiculously skilled in all forms of Dirt Bike riding from Racing to Freestyle Motocross and is ready to take on the challenge on African soil.

King of the Whip organiser, Ryan van der Spuy says, “We are extremely excited to be back! It has been a long two years waiting in anticipation to bring King of the Whip back to its fans, and now we are finally live. King of the Whip has grown into its own spectacle, and being able to host the event at Montecasino takes it to the next level. We can’t wait for the showdown and to share this exciting production with both the riders and fans. A huge thank you to our event partners for making this possible and enabling our top riders to showcase their skills.”

Whip (Noun):
A manoeuvre performed on a motorcycle, usually during a motocross or freestyle motocross contest, in which the rider brings the rear of the motorcycle abruptly around to either side. Performed while the machine is airborne off a jump. In very extreme whips, the rear of the motorcycle will end up perpendicular to the direction of travel, in addition to the motorcycle being laid flat. The purpose of the whip is to show off, to alter the trajectory of the bike in flight, and to scrub speed over jumps.

Inviting everyone, families, and friends, to join in witnessing this highly anticipated, action-packed event. Tickets are available for R80 (standing) and R150 (grandstand seating) at Quicket.co.za. Food and beverages will be on sale at the event.

King of the Whip event details:
Date: 19 November 2022
Time: 2 pm onwards
Venue: Montecasino – Montecasino Boulevard (Cnr William Nicol and Witkoppen)
Fourways, Sandton, Johannesburg

Check out the video below

#KingoftheWhip

St Francis Property Owners Association Newsletter – November 2022

St Francis Property Owners Association Newsletter – November 2022

St Francis Property Owners Association – Notice Of Annual General Meeting

Date: Thursday, 1 December 2022

Time: 16H00-17h00

Meeting Format: Zoom Webinar

Members of the St Francis Property Owners Association are invited to attend the Annual General Meeting of the Association, taking place in the form of a Zoom Webinar.

Registration:

Please register to attend the Zoom Webinar on SFPO Association AGM or email info@sfpo.co.za.

Registration closes at 18h00 on 29 November 2022, following which a Zoom Webinar invitation will be sent to registered members of the Association.

Participation 

All members in good standing of the St Francis Property Owners Association are entitled to attend the webinar.

More details here – SFPO AGM

St Francis Property Owners NPC – Notice Of Annual General Meeting

Date: Thursday, 1 December 2022

Time: 17H00-18h00

Meeting Format: Zoom Webinar

Notice is hereby given that the Annual General Meeting of Members of the St Francis Property Owners NPC, in respect of the year ended 30 June 2022, will take place in the form of a Zoom Webinar.

Registration: Please register to attend the Zoom Webinar on SFPO NPC AGM or email info@sfpo.co.za.

Registration closes at 18h00 on 29 November 2022, following which a Zoom Webinar invitation will be sent to registered and verified property owners.

Voting will close at 19h00 on the date of the webinar. Proxy submissions will close by 09:00 on 1 December 2022.

More details here – SFPO NPC AGM

Form of Vote / Proxy here – PROXY

 

Rezoning Application Erf 3845 – Objection Process:

Those wishing to object (particularly those who reside within a two-minute walking distance from this Erf) need to be sure to submit their objection before 18 November by email to planning@kouga.gov.za.

It is important to note that the correct procedure to lodge an objection must be followed for this and/or other such applications. It is also essential that objections are clear and consistent in terms of Kouga guidelines and not just a complaint.

The Subject Line should contain the Application Number and subject.

A draft objection letter has been prepared by attorney Joanne Anthony-Gooden, who kindly offered her assistance. This is an example for those wishing to object to this and/or other rezoning applications. The draft contains a collection of objections raised so far for this particular application and is intended to be a guide only.

We know that a public petition is also being circulated for those who wish to sign. Petitions are acceptable, although weighed separately from objections.

To see the site development plan – click here

For details on the application – here

Example Objection Letter – here

 

COCA-MAAK SKOON IN FULL SWING

Once again, Kouga residents can get rid of unwanted items and goods at home that cannot be put out for standard refuse collection.

The project dubbed ‘Coca-Maak Skoon’ – the isiXhosa and Afrikaans words for cleaning up – forms part of the ongoing Keep Kouga Clean Campaign. This kicked off on 31 October and will end on 25 November.

The Greater St Francis – 14 to 18 November

Monday: Santareme

Tuesday: St Francis Bay

Wednesday: Cape St Francis and Sea Vista

Thursday: Oyster Bay

More here

 

Water Crisis – Water Tanks

With the holiday season approaching, property owners occupying their homes or renting them out should seriously consider installing water tanks.

If good rains do not fall in the catchment areas ahead of the December rush, water shortages will be the order of the day, so best to be prepared.

 

Keep Kouga Clean

Please help keep Kouga clean by collecting a wheelie bin from the Municipal yard next to the fire station on St Francis Drive on any weekday. Ask for Annie and ensure you have your ID and Erf Number. Some bins have been stolen, so it is wise to paint your Erf number on the bin and store it safely.

 

Postal Service:

There is no longer a postal service in St Francis. However, St Francis Post Office post box holders are reminded to collect their post at the Humansdorp Post Office!

 

Service Delivery – Reporting

To ensure all matters of concern are correctly recorded with the Municipality, we need to be more proactive with our reporting.

Currently, the statistics for reports in the greater St Francis area show that very few problems are reported. Unfortunately, this is one of the reasons why service delivery is sometimes slower than we would like.

Please report potholes, stray farm animals, sewerage, water, drainage and electrical problems etc., as issues arise, using the Municipality’s Whatsapp facility on 081 760 9183.

Where possible, attach photographs. You should receive a reference number by return which you need to keep if you have to follow up.

You can also log problems through the Call Centre on 042 200 2200 or download the Link App and register under Ward 12.

Delivery Of Municipal Accounts

Due to problems with postal delivery and the closure of many post offices, the Municipality is no longer posting its accounts. Therefore, to ensure that you receive your monthly accounts timeously, please ensure that the Municipality has your correct email address.

Please request delivery by email to Mandy Jantjies in the St Francis Municipal office at mjantjies@kouga.gov.za

Account holders are strongly advised to use the following email addresses to ensure a quick turnaround time.

enquiries@kouga.gov.za

*Opening of Municipal Account

*Account Information Amendment

*Refunds

*Water Account

*Electricity Account

*Proof of Payment

 

meterreadings@kouga.gov.za

*Monthly meter readings with a clear picture of

the meter

 

creditcontrol@kouga.gov.za

*Outstanding Balance

*Payment Arrangements

 

valuations@kouga.gov.za

*Property Valuations

*Supplementing Valuations

*Objections

*Appeals

 

2022/2023 Annual Membership

SFPO Association memberships are due for renewal on 1 October 2022. If you haven’t done so, please consider supporting us by becoming a member or renewing your membership.

The annual subscription for a property owner/resident is R550 or R350 for a pensioner.

The SFPO membership runs concurrently with its financial year – from 1 October to 30 September.

 

Payment Options:

Visit the website and submit your payment online 

or make an EFT payment direct to the bank account :

St Francis Bay Residents Association

Standard Bank, Humansdorp

Code: 050015

Account No: 082499276

Please use your Erf number and surname as a reference.

And now you can even subscribe through Quicket

Questions and queries to:

Lyn Aitken – Admin Manager – 082 777 5624 

Email: info@sfpo.co.za

Telephone: 042 294 0594

Understanding Transfer Duties 

Understanding Transfer Duties 

 

Transfer Duty: The tax levied, calculated on the property’s value. 

Whether you buy a property from a seller or acquire it in any other way, you must pay SARS the tax due. 

SARS definition of transfer duty: For the purpose of transfer duty, property means land and fixtures and includes real rights in land, rights to minerals, a share or 

interest in a residential property company or a stake in a share-block company. 

Transfer duty should not be confused with property transfer costs. 

Property transfer costs: The fees paid to the conveyancing attorney who attends to the property transfer from the seller to the buyer, and the transfer duty is the tax payable to SARS. 

Transfer duty and fees are additional costs you must budget for when buying a home. Don’t be caught unawares. 

Transfer duty is only payable on the transfer of properties valued at more than R1 million. If the property is worth less than R1m, there will be no transfer duty, only transfer costs to the conveyancer. 

These are the transfer duty rates applicable from March 2022 to February 2023. 

Exemptions: 

Marriage in community of property: If a property owner gets married in community of property, their spouse automatically becomes the owner of a half-share of the property without needing to pay any transfer duty. 

Divorce: Transfer duty does not apply where a property is awarded to a spouse in terms of a divorce order.

 However, if the property is not awarded to a spouse in terms of a divorce order and the parties reach an agreement outside of the formal divorce proceedings, the spouse who acquires the property will be liable for transfer duty and any transfer costs payable to the conveyancers. 

Inheritance: Beneficiaries and heirs are exempt from paying transfer duty on property they inherit from a deceased estate.

This is regardless of the nature of their relationship with the deceased. It is irrespective of whether or not the deceased died intestate (without a valid will). In this instance, heirs and beneficiaries still need to pay the conveyancing attorney’s costs of transferring the property into their name. 

Cancelled transactions: If the property purchase is cancelled before the transfer is registered at the deeds office, there will be no liability for transfer duty. The provision is that SARS must be satisfied that the cancellation is legitimate. 

VAT

 Developers in new developments with no transfer duty payable – irrespective of the property’s value. Instead, buyers pay Value Added Tax (VAT) on these homes, which is usually included in the unit’s purchase price. 

No transaction can be subjected to both VAT and transfer duty. VAT payment always precedes transfer duty, where the seller – usually a developer – is a VAT vendor. 

When you buy a property, make sure you find out whether the seller/s are registered for VAT. If they are, VAT will be payable on the property purchase, not transfer duty. 

≈ ≈ Marsha

Previous articles

Have You Got What It Takes To Be A landlord?

Interest Rates Hike. Is It Over, Or Is There Another Hike In November?

Tenant Activity Still Makes Property Your Best Investment

Landlords’ legal obligations with load shedding and water cuts