Capital Gains Tax Rate 2024 South Africa Calculator. The current rates are 10% (8% for residential property) and 20% (24% for residential property) on any gain above the. Here is the simple formula and online cgt calculator to work out how much capital gains tax you will pay when you sell your shares for profits in south africa.

Where are taxable capital gains included in the basic reduction formula? Capital gains are taxed at a lower effective tax rate than ordinary income.