#Transferduty #purchasingproperty #southafricanyoutuber
Please excuse the error of the 'greater than' and 'less than' symbols in the screen recording of the comparison table;
Property 1 less than 1 million
Property 2 greater than a million
Estimate the transfer duty you will pay on your property by looking at this SARS table (remember that will just be the transfer duty not everything else listed below and stated in this video).
🔌www.sars.gov.za/tax-rates/tra...
🧾In the Bond registration attorneys invoice
Bond Registration Fee
Deeds Office Fee
Postage and Petties
Deeds Office Search Fee
FICA Verification
Disbursements
Electronic Facilitation Fee
Electronic Instruction Fee
Opening of File Fee
Stordoc Fee
🧾In the Transfer attorneys invoice
Transfer Fee
Deeds Office Fee
Deeds Office Search Fee
Postage and Petties
FICA Identification and verification fee
Provision for rates consultant
Electronic Facilitation Fee
Provision for lodging agents fee
Addendum Drafting OTP extension
Transfer Duty
Opening of file fee
To electronic rates application, certificate and admin fee
To electronic document generation fee