Understanding Transfer Duty

Transfer duty is a government tax payable to SARS on the value of the property acquired. The amount payable depends on the purchase price and is paid by the Purchaser.

Below is the current transfer duty rates as prescribed by SARS (with effect from 1st April 2025, but subject to change):

R0 – R1,210,000: No transfer duty
R1,210,001 – R1,663,800: 3% of the value above R1,210,000
R1,663,801 – R2,329,300: R13,614 + 6% of the value above R1,663,800
R2,329,301 – R2,994,800: R53,544 + 8% of the value above R2,329,300
R2,994,801 – R13,310,000: R106,784 + 11% of the value above R2,994,800
R13,310,001 and above: R1,241,456 + 13% of the value above R13,310,000

For more information, visit www.sars.gov.za

It is important to consult with your property specialist to understand the exact amount and process for paying transfer duty.