Capital Gains Tax Rate 2024 South Africa South Africa. Capital gains tax in south africa is a tax levied on the profit (gain) made from the sale of an asset. As of february 2024, the marginal tax rate is 18% for individuals, 21.6% for businesses, and 36% for other trusts.
For example, the base cost of an asset is r100 000, and the selling price is r250 000. To live comfortably in south africa, the total monthly costs—including housing, food, transportation, utilities, and leisure—differ significantly by city: