Capital gains tax on selling
Estimate the CGT when an individual, company or trust sells property, using the SARS tables for the tax year of the sale. Includes the primary-residence exclusion (individuals) and, for non-residents, the amount the buyer must withhold.
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Worked out from the figures you enter and the published rates and tables shown; results marked as estimates depend on assumptions. General information, not financial, credit, tax or legal advice - Property HQ is not an authorised financial services provider or a registered credit provider, and banks do their own affordability assessment under the National Credit Act. Confirm the figures for your own case with your bank, conveyancer or a registered tax practitioner.
Tax, transfer duty and CGT tables from SARS; prime, repo and CPI from the South African Reserve Bank; minimum living costs from the National Credit Act regulations; exchange rates from the European Central Bank (via Frankfurter).
Frequently asked questions
3 quick answers - tap a question to open itHow is CGT on property worked out?
The gain is the selling price less the base cost (what you paid plus buying costs and capital improvements). Exclusions are deducted, a portion of what's left (the inclusion rate) is added to your taxable income, and it's taxed at your marginal rate.
Do I pay CGT when I sell my home?
A gain on your primary residence is excluded up to a limit set by SARS, so many homeowners pay none. The calculator uses the exclusions for the tax year of the sale date.
Is CGT different for a company or trust?
Yes - companies and trusts have higher inclusion rates and no primary residence exclusion. Choose the owner type on the form.