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South Africa CGT Calculator 2022

Calculate Capital Gains Tax with Inclusion Rates and Exclusions (Tax Year 2022).

💼 Asset Details

Asset Type

Proceeds (Sale Price)

Base Cost (Purchase)

Other Allowable Costs (R) Improvements, Transfer Duty, Legal Fees

Capital Losses Brought Forward

Is this the year of death? (R300k Exclusion)

👤 Taxpayer Profile

Taxpayer Type

Marginal Income Tax Rate (%)

Found on your income tax tables. Trusts = 45%, Companies = 28% (2022).

💵 Tax Summary

Enter values to compute CGT.

SARS CGT Rates 2022

Inclusion Rates (2022)

Individuals & Special Trusts: 40%
Companies: 80%
Trusts: 80%

Exclusions (Individuals)

Annual Exclusion: R40,000
Year of Death: R300,000
Primary Residence: R2 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 (August and February) 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 2022 tax year rates (1 Mar 2021 - 28 Feb 2022). Actual deductions may vary based on your specific circumstances. Consult with a registered tax practitioner or SARS for official advice.

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