Less transfer duty payable from 01 April 2023

For transactions signed between 1 March 2023 – 29 February 2024 transfer duty will be 3% of the value above R1 100 000 (previously above R1 million) and R12 375 + 6% of the value above R 1 512 500. For higher values: R48 675 + 8% of the value above R 2 117 500; R97 075 +11% of the value above R2 722 500; R1 128 600 + 13% of the value exceeding R12 100 000.