Page 105 - P6 Slide Taxation - Lecture Day 5 - VAT Part 1
P. 105
Special rules – Fixed property
If supply is subject to
VAT – NO transfer
duty payable
IF no VAT then transfer duty
0-900 000 0%
900 001 - 1 250 000 3% of the value above 900 000
1250 000 – 1 750 000 10 500 + 6% of the value above R 1 250 000
1 750 001 -2 250 000 40 500 + 8% of the value above R 1 750 000
2 250 001 – 10 000 000 80 500 +11% of the value above R2 250 000
10 000 001 and above 933 000 + 13% of the value above R10 000
000
