Capital Gains Tax Calculator — South Africa 2026/2027
Calculate your CGT liability using official SARS 2026/2027 rules. Updated April 2026 — annual exclusion now R50,000.
Annual exclusion — R50,000
Every individual gets R50,000 excluded from capital gains each tax year (increased from R40,000 — Budget 2026). In the year of death this increases to R440,000.
Inclusion rate — 40% (individuals)
Only 40% of your net capital gain is included in your taxable income. Companies include 80% of their gain. These rates are unchanged for 2026/2027.
Primary residence exclusion
Up to R3,000,000 of gain on your primary home is excluded from CGT (increased from R2,000,000 — Budget 2026). Applies to sale agreements concluded on or after 1 March 2026.
Marginal rate applies
CGT is not a flat tax. The taxable gain is added to your income and taxed at your marginal rate — up to 45% for individuals. Maximum effective CGT rate is 18%.
| Step | Description | Formula / Value |
|---|---|---|
| 1 | Calculate capital gain | Sale price − Purchase price − Selling expenses |
| 2 | Deduct annual exclusion | Capital gain − R50,000 (individual) |
| 3 | Apply inclusion rate | Net gain × 40% (individual) or × 80% (company) |
| 4 | Add to taxable income | Annual income + Taxable CGT portion |
| 5 | Find marginal rate | Use SARS 2026/2027 tax brackets |
| 6 | Calculate CGT payable | Taxable CGT portion × Marginal tax rate |
| Taxable Income (Annual) | Marginal Rate |
|---|---|
| R0 – R245,100 | 18% |
| R245,101 – R383,100 | 26% |
| R383,101 – R530,200 | 31% |
| R530,201 – R695,800 | 36% |
| R695,801 – R887,000 | 39% |
| R887,001 – R1,878,600 | 41% |
| R1,878,601 and above | 45% |
| Taxpayer Type | Inclusion Rate | Max Effective CGT Rate | Annual Exclusion |
|---|---|---|---|
| Individual | 40% | 18% | R50,000 |
| Company / CC | 80% | 21.6% | None |
| Trust | 80% | 36% | None |
| Death exclusion (individual) | — | — | R440,000 |
| Primary residence exclusion | — | — | R3,000,000 |