What are Capital Allowances?
Capital allowances are a relief from income tax and are based on the capital expenditure incurred on the provision and installation of certain fixed assets in a building that suffer wear and tear, as well as on various types of properties, including certain industrial buildings and hotels.

The City of Johannesburg's property arm, the Jo'burg Property Company, is making huge strides in Hillbrow in its efforts to rejuvenate so-called "bad buildings" in the inner city.