1. What is Transfer Duty?

Transfer Duty is a tax payable to the South African Revenue Service (SARS) when acquiring property in South Africa. It's calculated based on the property value and follows a progressive rate structure.

2. How Does the Calculator Work?

The calculator uses the South African Transfer Duty rates for 2025:

2025 Transfer Duty Rates:

• 0% for properties valued at R1,100,000 or less
• 3% for the portion between R1,100,001 and R1,525,000
• 6% for the portion between R1,525,001 and R2,125,000
• 8% for the portion between R2,125,001 and R2,750,000
• 11% for the portion between R2,750,001 and R3,750,000
• 13% for the portion between R3,750,001 and R4,750,000
• 15% for the portion above R4,750,000

Explanation: The calculation follows a progressive tax structure where different portions of the property value are taxed at different rates.

3. Importance of Transfer Cost Calculation

Details: Accurate transfer cost calculation is crucial for property buyers to budget effectively, understand total acquisition costs, and ensure compliance with South African tax laws.

4. Using the Calculator

Tips: Enter the property value in South African Rand (ZAR). The calculator will automatically determine the applicable transfer duty rate and provide an estimate of conveyancer fees and total transfer costs.

5. Frequently Asked Questions (FAQ)

Q1: Who pays transfer duty?
A: The purchaser of the property is responsible for paying transfer duty to SARS, unless specifically agreed otherwise in the sale agreement.

Q2: When is transfer duty payable?
A: Transfer duty must be paid within 6 months from the date of acquisition, otherwise interest and penalties may apply.

Q3: Are there any exemptions?
A: Yes, certain transactions may be exempt, such as transfers between spouses or in certain corporate restructuring scenarios.

Q4: What are conveyancer fees?
A: Conveyancer fees are legal fees charged by the attorney who handles the property transfer process. These are separate from transfer duty.

Q5: Is VAT included in these calculations?
A: No, this calculator deals with transfer duty for non-VAT vendors. If the seller is a VAT vendor, different rules may apply.