Capital Gains Tax (CGT)

Author:

Published:

Updated:

« Back to Glossary Index

Definition of “Capital Gains Tax (CGT)” :

Capital Gains Tax (CGT) in South Africa is a tax levied on the profit made from selling an asset, such as property or shares. It is calculated as a percentage of the gain, not the total selling price, and is payable when the asset is disposed of.

« Back to Glossary Index

Latest guides