Purchase

SARS uses the higher of the purchase price or the property's fair market value.

Transfer duty owed

R 0

0% effective rate

Purchase valueR 0
Bracket
Duty owedR 0
Up to R1 210 0000%
R1 210 001 – R1 663 8003%
R1 663 801 – R2 329 300R13 614 + 6%
R2 329 301 – R2 994 800R53 544 + 8%
R2 994 801 – R13 310 000R106 784 + 11%
Above R13 310 000R1 241 456 + 13%
Deadline: 6 months from acquisition. If the seller is a registered VAT vendor and the sale is subject to VAT, transfer duty is not payable — VAT at 15% applies instead.