FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


New home transfer duties

Posted 29 July 2015

Salome says:
1 July 2015 at 14:25

We bought a home and was told that we could claim back on the Transfer duty and registration cost that we paid over. Is this possible and how do we do this?

TaxTim TaxTim says:
1 July 2015 at 16:37

No this is not possible, only when you sell the property will you be able to use this to reduce the capital gain. You do this by including those costs into the "Base cost". Keep all the documents that prove your costs, including original receipts.

This entry was posted in Tax Q&A and tagged , , , , . Bookmark the permalink.




Do your Tax Return in 20 minutes or less!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.