Transfer Duty is payable within six (6) months of the date of acquisition of the property, failing which interest will be charged.
Date from | % Calculated on value of property |
01/01/1950 to 21/03/1951 | 2% |
22/03/1951 to 22/07/1953 | 3% |
23/07/1953 to 24/03/1954 | 3% on R 7 000,00 4% above R 7000,00 |
25/03/1954 to 15/3/1964 | 3% on R10 000,00 4% above R10 000,00 |
16/3/1964 – 16/8/1966 | 3% on R10 000,00 4% above R10 000,00 Rebate on the Transfer Duty liability was introduced and applied to everyone: R0 – R5 000 = 2/3 Rebate R5 001 – R10 000 = ½ Rebate R10 001 – R15 000 = 1/3 Rebate Above R15 000 = No Rebate |
17/8/1966 – 28/03/1973 | 3% on R10 000,00 4% above R10 000,00 Rebate restricted to natural persons purchasing property for habitable purposes only: R0 – R5 000 = 2/3 Rebate R5 001 – R10 000 = ½ Rebate R10 001 – R15 000 = 1/3 Rebate Above R15 000 = No Rebate |
29/03/1973 – 14/8/1974 | 3% on R10 000,00 4% above R10 000,00 Rebate differentiated between improved and unimproved property: R0 – R15 000 = 2/3 Rebate applied to improved and unimproved property R15 001 – R20 000 = ½ Rebate applied only to improved property R20 001 – R25 000 = 1/3 Rebate applied only to improved property Above R25 000 = No Rebate |
15/08/1974 to 31/03/1980 | |
Natural persons only | 1% on R20 000,00 3% above R20 000,00 |
Companies and parties other than natural persons | 5% of the purchase price |
01/04/1980 to 18/03/1992 | |
Natural persons only | 1% on R30 000,00 3% above R30 000,00 |
Companies and parties other than natural persons | 5% of the purchase price |
19/03/1992 to 06/04/1993 | |
Natural persons only | 1% on R50 000 5% above R50 000 |
Companies and parties other than natural persons | 7% of the purchase price |
07/04/1993 to 31/03/1999 | |
Natural persons only | 1% on R60 000,00 5% above R60 000,00 and not above R250 000,00 8% above R250 000,00 |
Companies and parties other than natural persons | 10% of the purchase price |
From 1/4/1999 to 28/02/2002 | |
Natural persons only | 1% on R70 000,00 5% above R70 000,00 and not above R250 000,00 8% above R250 000,00 |
Companies and parties other than natural persons | 10% of the purchase price |
From 1/3/2002 to 28/02/2003 | |
Natural persons only | 0% on R100 000,000 5% above R100 000,00 and not above R300 000,00 8% above R300 000,00 |
Companies and parties other than natural persons | 10% of the purchase price |
From 1/3/2003 to 29/02/2004 | |
Natural persons only | 0% on R140 000,00 5% above R140 000,00 and not above R320 000,00 8% above R320 000,00 |
Companies and parties other than natural persons | 10% of the purchase price |
From 1/3/2004 to 28/02/2005 | |
Natural persons only | 0% on R150 000,00 5% above R150 000,00 and not above R320 000,00 8% above R320 000,00 |
Companies and parties other than natural persons | 10% of the purchase price |
From 1/3/2005 to 28/02/2006 | |
Natural persons only | 0% on R190 000,00 5% above R190 000,00 and not above R330 000,00 8% above R330 000,00 |
Companies and parties other than natural persons | 10% of the purchase price |
From 1/3/2006 to 22/02/2011 | |
Natural persons only | 0% on R500 000,00 5% above R500 000,00 and not above R1 000 000,00 8% above R1 000 000,00 |
Companies and parties other than natural persons | 8 % of the purchase price |
From 23/02/2011 to 28/02/2015 | |
Natural persons only | 0% on R600 000,00 3% above R600 000,00 and not above R1 000 000,00 5% above R1 000 000,00 – R1 500 000 8% above R1 500 000 |
Companies and parties other than natural persons | Same as for natural persons |
| From 01/03/2015 to 29/02/2016 | |
| All persons (Natural, companies and parties other than natural persons) | 0% on R750 000,00 3% above R750 000,00 R15 000 + 6% above R1 250 000,00 R45 000 + 8% above R1 750 000,00 R85 000 + 11% above R2 250 000,00 |
| From 01/03/2016 to 29/02/2017 | |
| All persons (Natural, companies and parties other than natural persons) | 0% on R750 000,00 3% above R750 000,00 R15 000 + 6% above R1 250 000,00 R45 000 + 8% above R1 750 000,00 R85 000 + 11% above R2 250 000,00 R 937 500 + 13% above R 10 000 000,00 |
| From 01/03/2017 to 29/02/2020 | |
| All persons (Natural, companies and parties other than natural persons) | 0% on R900 000,00 3% above R900 000,00 R10 500 + 6% above R1 250 000,00 R40 500 + 8% above R1 750 000,00 R80 500 + 11% above R2 250 000,00 R 933 000 + 13% above R 10 000 000,00 |
