Capital Gains Tax Rate 2024 South Africa Real Estate

Capital Gains Tax Rate 2024 South Africa Real Estate. How much is the capital gains tax rate? Half of a capital gain (proposed to increase to two thirds for the portion of capital gains realised by individuals after 24 june 2024 that exceeds an annual cad 250,000.

You’ll pay 15 percent on capital gains if your income ranges from $44,626 to $492,300. If the capital gain exceeds r2 million, only 40% of the gain is included in your taxable income for.