Fees and Taxes
- Securities Transfer Tax (STT) 0.25%. Applies to share purchases only, not share sales.
- Strate 0.005459% (excluding VAT) based on the value of the share transactions:
- Minimum R10.92 for trades with a value up to R200,000.
- Maximum R54.59 for trades with a value over R1 million.
- FSB Investor Protection Levy 0.0002% (excluding VAT) on all trades.
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Famous quotes containing the word taxes:
“Note, besides, that it is no more immoral to directly rob citizens than to slip indirect taxes into the price of goods that they cannot do without.”
—Albert Camus (1913–1960)