No changes from last year:

Events that trigger a disposal include a sale, donation, exchange, loss, death and emigration. The following are some of the specific exclusions:

• R2 million gain or loss on the disposal of a primary residence;
• most personal use assets;
• retirement benefits;
• payments in respect of original long-term insurance policies;
• annual exclusion of R40 000 capital gain or capital loss is granted to individuals and special trusts;
• small business exclusion of capital gains for individuals (at least 55 years of age) of R1.8 million when a small business with a market value not exceeding R10 million is disposed of; and
• instead of the annual exclusion, the exclusion granted to individuals is R300 000 for the year of death.

For more information see Capital Gains Tax (CGT).