Tax Calculator (SARS)

Tax setupTax year, income and age

Tax year

Taxable income (per year)

Your income after deductions, without this sale.

Age

Used for rebates.

SaleWhat it sold for and what it cost

Selling price

What you sold it for.

Purchase price

What you paid for it.

Improvements

Lasting additions, such as a new room. Not repairs.

Costs of buying and selling

Such as transfer duty, legal fees and commission.

This was my primary residence

Where you lived the whole time you owned it.

Tax on this sale

R 0,00

Capital gainSelling price less what it cost: R 0,00
ExclusionsAnnual: R 0,00
Taxable capital gain40% of what is left: R 0,00

How it is worked out

Enter the selling price to see the tax on the sale.

This assumes it is your only sale this year and no losses carry over from earlier years. It leaves out medical aid tax credits, which can lower it on a small income.