South Africa Capital Gains Tax (CGT) Calculator
Calculate your CGT liability on property, shares, and assets: R40,000 annual exclusion, R2,000,000 primary residence exemption, and 40% inclusion rate.
Disposal & Base Cost
Includes capital improvements, legal acquisition fees, and transfer costs.
Capital Gains Tax Liability
The full R1,500,000 capital gain is completely covered by the R2,000,000 primary residence exclusion!
SARS Capital Gains Tax Framework:
Capital Gains Tax is not a separate tax; it is included in your taxable income. For individuals, only 40% of the net capital gain is included and taxed at your marginal rate. The first R2,000,000 of gain on a primary residence and the first R40,000 of all other capital gains each year are completely tax-free.
Frequently Asked Questions (FAQ)
What can I include in my base cost?
Base cost includes the original purchase price, transfer duty paid, conveyancing attorney fees, surveyor costs, and any direct capital improvements (like renovations, additions, or solar installations). Routine maintenance and repairs cannot be added.
How does the R2 Million primary residence exclusion work?
When you sell your primary residence (the home you live in), the first R2,000,000 of profit/gain is 100% exempt from CGT. Furthermore, if the total selling price is R2,000,000 or less, no capital gain is recognized at all.
Can I offset capital losses against my salary?
No. Capital losses can only be offset against capital gains. If you have an overall net capital loss for the year, it carries forward indefinitely to offset capital gains in future tax years.
What is the CGT exclusion in the year of death?
In the year of an individual's death, the annual CGT exclusion increases from R40,000 to R300,000 to provide relief on deemed disposals in the estate.
📊 South African Statutory Comparative Matrix (SARS & Statutory Breakdown)
| Statutory Heading / Obligation | Calculated Amount |
|---|---|
| Primary Settlement / Net Amount | R 0.00 |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Statutory Compliance Specialist
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.