Stamp duty is the tax placed on legal documents, usually in the transfer of assets or property
These legal instruments subjec to to stamp duty include:
For a full list see schedule 1 to the Stamp duty Act
For a full list see section 4 of the Stamp Duty Act
Applicable to natural persons:
|0 to 600,000||Exempt|
|Above 600,000 but not more than 1,000,000||1% of the value above 600,000|
|Above 1,000,000 but more than 2,000,000||4 000 plus 5% of the value above 1,000,000|
|Above 2 000 000||54,000 plus 8% of the value above 2,000, 000|
All other persons, not natural persons, pay transfer duty at a rate of 12%
To consolidate and adjust the law relating to stamp duties.Stamp Duties Act 15 of 1993
Regulations concerning the Demonetization and Withdrawal of a Particular Issue of StampsStamp Duty Regulations
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