A property transfer duty is a tax payable by buyers of all types of properties and is over and above the selling price.

Click here to calculate your bond and transfer costs

Here’s how to work out how much you’ll need:

The Transfer Duty rates below are applicable on property acquired on or after 7 December 2020.

There is no Transfer Duty on property under R1,000,000

From 1,000,001 to R1,375,000 Transfer duty is calculated at 3% of the value above R1,000,001. (You don't pay transfer duty on the first R1,000,000)
From R 1 375 001 to R 1 925 000 Transfer Duty is calculated at 6% on the value above R 1 375 000.00
PLUS R11,250
From R 1 925 001 to R 2 475 000 Transfer Duty is calculated at 8% on the value above R 1 925 000
PLUS R44,250
From R 2 475 001 to R11 000 000 Transfer Duty is calculated at 11% of the value above R 2 475 000
PLUS R88 250.
From R11 000 001 and above Transfer Duty is calculated at 13% of the value exceeding R11 000 000
PLUS R1 026 000 000.


No transfer duty is payable if the transaction is subject to VAT.

Click here to calculate your bond and transfer costs

 

 

 

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