New transfer duty forms

The following seven new transfer duty forms are now available on the SARS website and can be accessed by clicking on their respective purple hyperlinks:

TD 1 - Declaration by seller
TD 2 - Declaration by purchaser
TD 3 - Annexure to Transfer Duty declaration
TD 4 - Declaration in relation to a change of beneficiaries/shareholders/members. (This link was not working as at 13/02/07 -Editor)
TD 5 - Declaration by transferor and transferee where a transaction is subject to VAT and exempt from Transfer Duty in terms of section 9(15) of the Transfer Duty Act.
TD 6 - Annexure to transfer duty declarations for additional sellers, purchasers and properties
TD 7 - Declaration by estate agent relating to a change of beneficiaries/shareholders/members of a trust owning residential property or a residential property company

Regarding the old and new forms, the following applies:

• In respect of property transactions concluded on or after 1 May 2005*, the new TD declarations must be used.
• Until 31 August 2005, in respect of property transactions concluded prior to 1 May 2005*, SARS offices will accept either the old declarations (Rev 683, Rev 684 and Dec by Seller) or the new TD declarations.
• From 1 September 2005, the new TD declarations are to be used irrespective of the date on which the transaction was concluded.