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Capital gains tax on primary resident

Posted 11 February 2016

Laura said:
10 February 2016 at 16:44

What is the Capital Gains Tax amount if you bought a house in 1991 for R100000 (approx. ) and sold it in 2015 for R1. 9m.

TaxTim Marc TaxTim Marc said:
11 February 2016 at 8:17

If you sold your primary residence for under R2m then you will have no capital gains tax.

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