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Transfer Duty Changes After 2023 Budget Speech

Category News

During Wednesday's budget speech it was announced that there will be a change in transfer duties with each bracket increasing by 10%, with no transfer duty payable on properties sold for less than R1,100,00.  This signals good news for first-time buyers as it will help many more people to afford to invest in their first property.

Author: Maxprop

Submitted 27 Feb 23 / Views 918