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  • Acquisition of Property by All Persons

Acquisition of Property by All Persons

22 February 2017

By Seelan Muthayan, VAT Director, BDO SA

The budget speech has brought welcomed relief in the affordable housing market sector. Currently the threshold at which transfer duty becomes payable is R750 000. The threshold will be increased to R900 000 making entrance into the housing market more accessible and affordable for first time entrants.

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