Capital Gains Tax Rate 2024 South Africa

Capital Gains Tax Rate 2024 South Africa.  — assume that the annual marginal rate of tax on income is 41%, which is applied to the r424 000, then the capital gains tax will be r173 840. Work out the capital gains tax payable on the disposal of your asset.

 — the actual tax you pay depends on your own marginal income tax rate and the type and amount of investment income and capital gains you earn from your.  — if your marginal rate is, say, 39%, you will pay tax of 39% of r44 000, or r17 160 (11.4% of the gain).