Transfer Duty

Value of property                        Rate

Up to R 1 000 000                            0%

R1 000 001 – R1 375 000               3% of the value above R1 000 000

R1 375 001 – R1 925 000               R11 250 + 6% of the value above R 1 375 000

R1 925 001 – R2 475 000               R44 250 + 8% of the value above R 1 925 000

R2 475 001 – R11 000 000             R88 250 +11% of the value above R2 475 000

R11 000 001 and above R1 026 000 + 13% of the value exceeding R11 000 000.

Should you require any more information on this matter, do not hesitate to contact us. 

Allen West
TONKIN CLACEY PRETORIA 
012 346 1278

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