The latest changes made by the Minister of Finance during his budget speech, applicable from the 1st of March 2006:
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No transfer duty on properties costing less than R500,000.
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Transfer duty at a rate of 5% is payable on properties costing between R500,000 to R 1,000,000.
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Transfer duty at a rate of 8% is payable on properties costing between R500,000 to R 1,000,000.
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Transfer duty at a flat rate of 8% for companies, close corporations and trusts.
| UNDER CONSTRUCTION |
