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TRANSFER DUTY vs TRANSFER COSTS — What’s the Difference? Buying property? Let’s clear up one of the biggest confusions in real estate! TRANSFER DUTY ➡️ This is a tax paid to SARS when you buy property valued over R1,210,000. ➡️ The higher the price, the higher the duty (it’s on a sliding scale). ➡️ If you’re buying from a VAT-registered developer, you don’t pay transfer duty — VAT is already included in the selling price. ➡️ Paid before the property can be registered in your name. TRANSFER COSTS
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