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Capital gains tax exemption

Posted 6 November 2015 under Tax Q&A


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TK says:
6 November 2015 at 13:38

I have to calculate capital gain on a rental property ( not a primary residence). It seems we can deduct a R30 000 natural person exemption. Does SARS eFiling automatically take off that R30 000 or am I supposed to put it in somewhere?

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TaxTim TaxTim says:
6 November 2015 at 14:09

SARS will calculate that for you automatically when you submit the details in your Tax Return.
Please use our Capital Gains Tax Calculator to assist with your workings.


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Do your
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 Avoid penalties
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Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

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