Capital Gains Tax Rate 2024 South Africa 2024. A capital gain arises when you dispose of an asset on or after 1 october 2001 for proceeds that exceed its base cost. The maximum effective tax rate on capital gains is 18%.
Dividends earned from local companies attract dwt (dividends withholding tax), but this is automatically withheld by the company who pays out the dividend, so there are no further tax obligations once you receive your net dividend (i.e after dwt). Work out the capital gains tax payable on the disposal of your asset.
Capital Gains Tax Rate 2024 South Africa 2024 Images References :