Capital Gains Tax Rate 2024 South Africa. For individuals and sole proprietors, the threshold is. A capital gain arises when you dispose of an asset on or after 1 october 2001 for.
A taxable capital gain is included directly in taxable income by section 26a. In south africa, capital gains tax (cgt), which is part of income tax, is payable on any financial capital gains, regardless of what type of financial assets are.