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A. TRANSFER DUTY NATURAL PERSONS |
Transfer Duty is presently calculated as follows
on all transactions entered into or after the 1st of March 2005:
| Purchase Price |
Transfer Duty |
| Up to R
500
000 |
R 0 |
|
From R501 000
up to R1 mill |
5 % on
Purchase Price |
| From R1
mill up |
R25000 plus 8% of the
value by which property exceeds R1 mill |
| B.
TRANSFER DUTY LEGAL PERSONS |
Legal Persons = Trusts, Close Corporations, Companies
 | 8% of Purchase Price. Click on button below for a quick
reference guide to Vat or Transfer Duty implications.
Transfer Duty /Vat
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Types of farms Sectional Title Cattlefarms up to R1mill up to R2mill up to R3mill up to R4 mill above R4mill Gamefarms up to R1 mill up to R2 mill up to R3 mill up to R4 mill up to R6 mill up to R10mill above R10mill irrigation small
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