Transfer Duty Archives

WHAT DOES THE BUDGET SPEECH 2020 MEAN FOR THE PROPERTY SECTOR?

March 3, 2020
Property Law, Property Tax

Finance Minister Tito Mboweni delivered the much-anticipated Budget Speech 2020 on 26 February, addressing major economic concerns across industries and sectors. Mboweni announced that South Africa would be utilising appropriate measures of fiscal discipline to cut expenditure, while not overwhelming…

Transfer Duty vs VAT: What’s The Difference

June 21, 2019
Property Tax

If you are considering buying a property or if you are in the process of purchasing a home, you would have heard the terms VAT (Value Added Tax) and Transfer Duty. Such a transaction will always be subject to either…