TaxTim Blog
Navigating around your Allan Gray tax certificate (IT3c)
By Nicci Courtney-Clarke · Updated · 1 minute read
1. This is the proceeds i.e the value that your shares were sold for. This amount needs to be entered as proceeds in the capital gains section of your tax return.
2. This is the base cost i.e the costs attached to the sale of your shares. This amount needs to be entered as the base cost in the capital gains section of your tax return.
3. This is the net capital gain / loss. It is the difference between the base cost and the proceeds. You don't have to enter it in your return as it is automatically calculated.
