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Transfer Duty and Mortgage Bonds
 
BUDGET 2004
Transfer Duty and Mortgage Bonds

In his speech, The Minister of Finance announced that the Transfer Duty exemption has been increased to R150 000.00 and that stamp duty on Mortgage Bonds has been abolished.
Both of these are with effect from 1 March 2004.

This means that the new Transfer Duty exemption will apply to all Deeds of Sale signed on or after 1 March 2004 and the stamp duty exemption will apply to all Mortgage Bonds registered on or after 1 March 2004.

 

 

 

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