Nelli Yasmeen

Capital Gains Tax Rate 2024 South Africa Real Estate. Work out the capital gains tax payable on the disposal of your asset. Capital gains tax (cgt) is not a separate tax but forms part of income tax.

In south africa, the capital gains tax (cgt) is a tax imposed on the profit or gain made from the sale or disposal of an asset, including properties. Capital gains realized from selling real property are subject to income tax at progressive rates.