Transfer duty rates

2016 (1 March 2015 – 29 February 2016)
?Value of the property (R) ?Rate
?0 – 750 000 ?0%
?750 001 – 1 250 000 ?3% of the value above 750 000
?1 250 001 – 1 750 000 ?15 000 + 6% of the value above 1 250 000
?1 750 001 – 2 250 000 ?45 000 + 8% of the value above 1 750 000
?2 250 001 and above ?85 000 + 11% of the value above 2 250 000
Please note: The Transfer Duty rates remained unchanged for the 2012 – 2015 tax years.

?Value of the property (R) ?Rate
?0 – 600 000 ?0%
?600 001 – 1 000 000 ?3% of the value above 600 000
?1 000 001 – 1 500 000 ?12 000 + 5% of the value above 1 000 000
?1 500 001 and above ?37 000 + 8% of the value above 1 500 000