eThekwini Municipality has designated a UDZ that is 670 hectares in total (see map below, in which building owners and developers can apply for tax incentives. Only taxable individuals or companies that are turning a profit and are involved either in the new build or renovation of residential property. A full description of the UDZ can be found at: Government Gazette, 2005: Government Gazette, Vol. 474, No. 27077, 10th December 2005.
References and Resources
- eThekwini, 2005: Tax Zones Home Page, Reference Link
- Government Gazette, 2005: Government Gazette, Vol. 474, No. 27077, 10th December 2005, Reference Link