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CGT Losses carried forward?

Posted 17 February 2014 under Tax Q&A


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I'm a provisional tax payer over 65.
If I have a CGT loss of say R50,000 do I carry forward the R50,000 or R20,000 (R50,000-R30,000)?

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TaxTim TaxTim says:
17 February 2014 at 17:58

CGT losses can be carried forward after allowing for the annual exclusion so the R20 000 would be carried forward.


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