FAQ: Can the sale of a property be subject to both VAT and Transfer Duty?

No, the sale of property will be subject to either VAT or Transfer Duty. VAT takes preference over Transfer Duty. If the seller is a registered VAT vendor and the property forms part of the seller’s enterprise, then VAT is payable. If the seller is not a registered VAT vendor, or if the seller is a registered VAT vendor but the property does not form part of the seller’s enterprise, Transfer Duty is payable.