Capital Gains Tax (CGT)

No changes from last year:

​Type ​2019​ 2018​* ​2017 ​2016 ​2015
​Individuals and Special Trusts ​18% ​18% ​16.4% ​13.65% ​13.32%
​Companies ​​22.4% ​22.4% ​22.4% ​18.65% ​18.65%
​Other Trusts ​​36% ​36% ​32.8% ​27.31% ​26.64%


*Proposed rates as announced by the Minister of Finance in the 2018 Budget.   

Events that trigger a disposal include a sale, donation, exchange, loss, death and emigration. The following are some of the specific exclusions:

  • R2 million gain or loss on the disposal of a primary residence
  • most personal use assets
  • retirement benefits
  • payments in respect of original long-term insurance policies
  • annual exclusion of R40 000 capital gain or capital loss is granted to individuals and special trusts
  • small business exclusion of capital gains for individuals (at least 55 years of age) of R1.8 million when a small business with a market value not exceeding R10 million is disposed of
  • instead of the annual exclusion, the exclusion granted to individuals is R300 000 for the year of death.

For more information see Capital Gains Tax (CGT).

Last Updated: 21/02/2018 2:12 PM     print this page
SARS eFiling eFiling Login eFiling Register Now eFiling Forgot Password eFiling Forgot Username E@syFile
FIND A PUBLICATION
FIND A FORM
FIND AN FAQ