South Africa CGT Calculator 2021
Calculate Capital Gains Tax for the 2021 tax year.
💰 Sale Details
Needed to determine marginal tax rate for individuals.
Tax Summary
CGT Payable
R0.00
📊 Gain Calculation
🏛️ Tax Calculation
SARS CGT Rates 2021
Inclusion Rates
- Individuals & Special Trusts: 40%
- Companies: 80%
- Trusts: 80%
Only the "included" portion is added to taxable income.
Exclusions (Individuals)
- Annual Exclusion: R40,000
- Primary Residence: R2 Million
- Small Business (Lifetime): R1.8 Million
Understanding South Africa Capital Gains Tax
🏠 Private Residence Relief (Primary Residence Exclusion)
Your main home is usually exempt from CGT (up to R2 Million):
- Full relief (up to R2 Milllion) if occupied as primary residence.
- Covers land up to 2 hectares used for domestic purposes.
- Must be owned by a natural person or special trust.
💼 Business Asset Disposal Relief (Small Business Exclusion)
A lifetime exclusion of up to R1.8 Million applies to qualifying business disposals:
- R1.8 million lifetime limit per individual (Natural Persons).
- Must meet qualifying conditions (Over age 55, ill-health, or death).
- Market value of all business assets must not exceed R10 Million.
📅 Reporting Requirements
Annual Return (ITR12): Report capital gains and losses in your annual income tax return.
Provisional Tax: Significant capital gains should be factored into your provisional tax estimates to avoid penalties.
💡 Allowable Costs (Base Cost)
Reduce your gain by deducting:
- Purchase costs (Transfer duty, legal fees, bond costs).
- Improvement costs (Extensions, renovations - not repairs).
- Disposal costs (Estate agent commission, advertising, valuation fees).
Disclaimer: This calculator provides estimates based on SARS 2021 tax year rates (1 Mar 2020 - 28 Feb 2021). Actual deductions may vary based on your specific circumstances. Consult with a registered tax practitioner or SARS for official advice.