On 17 November 2015, South Africa published the Rates and Monetary Amounts and Amendment of Revenue Laws Act, 2015 (Act No. 13 of 2015), as approved by the National Assembly and assented by the President. The Act includes amendments to rates introduced in the 2015 Budget. Transfer Duty The rates and brackets for transfer duty on the sale of property are adjusted, including an increase of the transfer duty exemption threshold from ZAR 600,000 to ZAR 750,000 and the addition of a new bracket with an 11% rate for property transfers above ZAR 2.25 million. The brackets and rates for...