Revamped Transfer Duty commences on March 1

Friday, February 28, 2020

Leg up: The amendments are designed to boost home ownership amongst young Batswana PIC: MORERI SEJAKGOMO

The much-talked about Transfer Duty Amendment Act of 2019 (Amendment Act) will take effect on March 1, 2020. The Amendment Act was published on August 28, 2019 but awaited a commencement date.

The new Minister of Finance and Economic Development, Thapelo Matsheka, published the much-awaited commencement date through a statutory instrument dated February 3, 2020.

Businesses and individuals are already determining how the new law will impact them, especially those dealing in immovable property.

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Revamped Transfer Duty commences on March 1

The much-talked about Transfer Duty Amendment Act of 2019 (Amendment Act) will take effect on March 1, 2020. The Amendment Act was published on August 28, 2019 but awaited a commencement date.

BNSC powerless as fights escalate

Sportspersons flock to politics

Attention turns to relegation

Tlou wary of another near-miss

Softball team denied World Cup chance

Mabote seeks answers after squad omission

World Relays trip divides BAA

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