Capital Gains Tax Rate 2024 South Africa. A net capital gain for the current year of assessment is multiplied by the inclusion rate applicable to the person to arrive at the taxable capital gain. Abc of capital gains tax for individuals (issue 12) 1 july 2021.

Have you disposed of an asset this year? Small business exclusion of capital gains for individuals (at least 55 years of age) of r1.8 million when a small business with a market value not exceeding r10 million is disposed of;