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Although capital gains or losses, in respect of most personal-use assets are excluded from the CGT system, a threshold (annual exclusion) is provided to exclude the total of smaller gains and losses from CGT. The purpose of the annual exclusion is to reduce compliance costs, and simplify the administration of the tax by keeping small gains and losses out of the system.
 
The table below sets out the annual exclusion.
 
Person​ ​ ​ ​ ​ ​ Annual exclusion for a year
of assessment​

2017 to 2019​

R

2013 to 2016​

R

​2012


R

​2010 and 2011

R 

2009


R​

2008


R​​​​

2007


R​​

2006 and earlier​ years

R
​Natural person ​40 000 ​30 000 ​20 000 17 500​ ​16 000 ​15 000 ​12 500 10 000​
​Natural person – in year of death 300 000​ ​300 000 ​200 000 ​120 000 ​120 000 ​120 000 ​60 000 ​50 000
Special trust for a person with a disability 40 000​ ​30 000 ​20 000 ​17 500 ​16 000 ​15 000 ​12 500 ​10 000
Deceased estate ​40 000 ​30 000 ​20 000 ​17 500 ​16 000 ​15 000 ​12 500 ​10 000
​Insolvent estate 40 000​ ​30 000 20 000​ ​17 500 16 000​ ​15 000 12 500​ ​10 000
Related Documents

LAPD-CGT-G01 – Comprehensive Guide to Capital Gains Tax

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