Transfer Duty In South Africa 2021: What You Need To Know According to the Transfer Duty Act, property transfer duty is a tax payable by buyers of all types of properties and is owed over and above the selling price.
Rhys Dyer, CEO of ooba Home Loans, South Africa’s largest home loan comparison service, explains that transfer duty should not be confused with transfer costs, which include all the expenses associated with a property transfer.
Who pays transfer duty?
Who takes care of transfer duty payments?
How is transfer duty calculated?
What is the current transfer duty threshold?
When does VAT replace transfer duty?
When are property transfers exempt from transfer duty?
ooba Home Loans’ guide to transfer duty provides all the need-to-know on calculating and paying this mandatory property tax. See Guide
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