Capital Gains Tax

9 Assets that are subject to capital gains tax:

Gains made on the disposal of the following assets will generally be taxed:

  1. Main residence owned by a company, close corporation or trust other than a special trust
  2. Holiday homes or second homes and properties let to tenants
  3. A boat exceeding ten meters in size
  4. Caravans
  5. An aircraft, the empty mass of which exceeds 450 kilograms
  6. Shares, unit trusts and private investments, and second-hand policies
  7. Kruger Rands or other silver, platinum, or gold minted coins or any other coin the market value of which lies mainly in the metal it’s made of
  8. Sale of your business, other than on retirement
  9. All other capital assets except those specifically excluded