Capital Gains Tax (CGT)
| Type | 2027 | 2026 |
|---|---|---|
| Individuals and Special Trusts | 18% | 18% |
| Companies | 21.6% | 21.6% |
| Other Trusts | 36% | 36% |
Events that trigger a disposal include a sale, donation, exchange, loss, death and emigration. The following are some of the specific exclusions:
R3 000 000 gain or loss on the disposal of a primary residence;
Most personal use assets;
Retirement benefits;
Payments under original long-term insurance policies;
Annual exclusion of R50 000 capital gain or capital loss is granted to individuals and special trusts;
Small business exclusion of capital gains of R2.7 million for individuals (who are at least 55 years old) when a small business with a market value not exceeding R15 million is disposed of; and
The exclusion granted to individuals is increased to R440 000 for the year of death.