Sunday, November 27, 2011

Transfer duty - the basics

R 600 000.00 = Zero % Transfer Duty.

From R 600 001.00 to 1 million = 3% Transfer Duty.

Above R 1 000 001.00 to R 1 500 00 = R 12 000 + 5% Transfer Duty.

R 1 500 001 and Above = R 37 000 + 8 %

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