Capital Gains Tax And Shares
- Made a tidy profit from an investment? Chances are you'll have to pay capital gains tax
- If you hold shares and other investments for the long-term and sell them for a profit, depending on the size of your profit, you could have to pay capital gains tax to SARS.
So what exactly is capital gains tax? And how much profit to you have to make to pay capital gains tax?
Let's take a closer look…
What is capital gain tax (CGT)?
Any profits you make from selling an asset (lik... ››› more
- [13 August 2014]