| Property value | Duty |
|---|---|
| R0 to R1,210,000 | 0% |
| R1,210,001 to R1,663,800 | 3% of the value above R1,210,000 |
| R1,663,801 to R2,329,300 | R13,614 plus 6% above R1,663,800 |
| R2,329,301 to R2,994,800 | R53,544 plus 8% above R2,329,300 |
| R2,994,801 to R13,310,000 | R106,784 plus 11% above R2,994,800 |
| Above R13,310,000 | R1,241,456 plus 13% above R13,310,000 |
| Seller | Applies | Rate | Who pays |
|---|---|---|---|
| A private seller | Transfer duty | Sliding scale | The buyer |
| A VAT-registered developer | VAT | 15% | Included in the price |
| A company selling a property held as stock | VAT | 15% | Included in the price |
| Sale of shares in a property company | Securities transfer tax | 0.25% | The buyer |
| Price | Transfer duty | Conveyancing, approximate | Total, approximate |
|---|---|---|---|
| R1,000,000 | R0 | R25,000 | R25,000 |
| R1,500,000 | R8,700 | R32,000 | R40,700 |
| R2,500,000 | R67,200 | R48,000 | R115,200 |
| R4,000,000 | R217,357 | R68,000 | R285,357 |
| R8,000,000 | R657,357 | R118,000 | R775,357 |
Data maintained by TradeAnswers · updated as the figures change