In an effort to simplify tax compliance, reduce inaccurate declarations, and improve the effective collection of taxes, the South African Revenue Service (SARS) has introduced enhancements to the Transfer Duty Declaration (TDC01) on the e-Filing platform as from 8 December 2025. These changes are aimed at addressing registration issues and strengthening compliance in property transactions.
Key updates include the mandatory submission of tax reference numbers for all entities, sellers and natural person purchasers, who are purchasing for R 2 million or more. You will no longer be able to obtain a transfer duty receipt where the clients are not registered for income tax.
The only exception is available for natural person purchasers, where the transaction value is below R 2 million. In such a case, the purchaser will be required to indicate the reason for not being registered by selecting from a limited number of options.
Property practitioners play a critical role in ensuring that clients are aware of these requirements, thereby assisting conveyancers in achieving timely compliance and registration of property transfers.
