As is effective from 1 March 2015, the following transfer duties are applicable on property transfers:
| PROPERTY VALUE | RATE OF TAX |
|---|---|
| R0 – R750,000 | 0% |
|
R750,001 – R 1,250,000 |
3% of the value over R750,000 |
|
R1,250,001 – R1,750,000 |
R15,000 + 6% of property value over R1,250,000 |
| R1,750,001 – R2,250,000 | R45,000 + 8% of property value over R1,750,000 |
| R2,250,001 and over | R85,000 + 11% of property value over R2,250,000 |
Before 1 March 2015, properties up to R600,000 qualified for 0% transfer duty.