// by seankriegler.com

Capital Gains Tax Calculator

Calculate tax on profit from selling property, shares, or other assets

Renovations, agent fees, legal fees
Your income tax bracket
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Capital Gain
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Exclusion
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Taxable Gain
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Inclusion Amount
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CGT Payable
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Net Profit

// SA CGT

In SA, 40% of capital gains are included in taxable income (individuals). Annual exclusion is R40,000. Primary residence exclusion is R2,000,000. Only the included portion is taxed at your marginal rate.

// US CGT

US long-term capital gains (held >1 year) are taxed at 0%, 15%, or 20% depending on income. Short-term gains are taxed as ordinary income. Primary residence exclusion: $250k single / $500k married.

// UK CGT

UK CGT: 10% basic rate, 20% higher rate for most assets. Residential property: 18% / 24%. Annual exempt amount: £3,000 (2024/25). Primary residence is exempt (PPR).

// Reduce CGT

Include all allowable costs: improvements, transfer costs, agent fees, and legal fees. These increase your base cost and reduce the taxable gain. Keep all receipts!