At that time we wrote to SARS pointing out to them that the tax laws do not permit them to withhold transfer duty receipts in this fashion. We were assured that this was fully understood and that it would not occur. In practice however the siutation has been very different and many transfers have been considerably delayed by the the transfer duty department of SARS for reasons relating to the tax affairs of one or both of the parties.

30 Apr 2007

At that time we wrote to SARS pointing out to them that the tax laws do not permit them to withhold transfer duty receipts in this fashion. We were assured that this was fully understood and that it would not occur. In practice however the siutation has been very different and many transfers have been considerably delayed by the the transfer duty department of SARS for reasons relating to the tax affairs of one or both of the parties.

We decided to take this matter up with SARS again and we are now very pleased to advise that SARS today has sent a directive to all it s transfer duty departments instructing them to desis from "witholding of receipts" practice. We set out hereunder the text of an email which we have received from SARS confirming this. "Good day Milton SARS will still verify whether the buyers and Seller's tax affairs are in order but the receipt will not be retained by SARS. Our Transfer Duty section will still issue a communication to the Conveyancer informing him/her of any outstanding amounts, returns, or non registration for Income Tax or Vat but the enforcement of such will be conducted by our Collections Department. Thank you Regards Sheryl Jacobsz SARS Polciy & Procedures" Extract from a newsflash newsletter of Milton Kombatis - Miltons Matsemela Inc 26 April 2007