2024/2025 Budget Speech And Transfer Duty - Lisa Tonini

February 27, 2024

The 2024/2025 Budget Speech did not bring any changes to the transfer duty rates imposed in terms of section 2 of the Transfer Duty Act, No. 40 of 1949. Thus, transfer duty rates remain unadjusted for the period between 1 March 2024 to 28 February 2025 and that the 2023/2024 transfer duty rates still apply.

The rates are as follows:

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Illovo Corner
24 Fricker Road
Sandton, Johannesburg 2196
South Africa
Tel: +27 11 328 1700