Year-keyed South African capital gains tax rate tables for natural persons, covering five years of assessment (2023 to 2027). Contains the annual exclusion, the increased exclusion in the year of death, the primary residence exclusion and the inclusion rate for individuals, together with the tax-free savings account annual and lifetime contribution limits and the excess contribution penalty rate. Use for any South African CGT exclusion or inclusion rate lookup, primary residence disposal, deceased estate, or tax-free savings account limit question, current or prior year.
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Accountant-authored. Written and published by Brandon Iverach, an accountant approved on OpenAccountants. Their licence number (SAIPA 18504 / SARS PR0025122) is published on their profile, so you can check it against the register yourself. General reference material, not advice on your specific facts; don't file, pay, or take a position on it without a professional reviewing your situation.
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| Year of assessment | Commonly written | Period |
|---|---|---|
| 2023 | 2022/23 | 1 March 2022 – 28 February 2023 |
| 2024 | 2023/24 | 1 March 2023 – 29 February 2024 |
| 2025 | 2024/25 | 1 March 2024 – 28 February 2025 |
| 2026 | 2025/26 | 1 March 2025 – 28 February 2026 |
| 2027 | 2026/27 | 1 March 2026 – 28 February 2027 |
Year-keyed CGT exclusions and inclusion rates for natural persons, years of assessment 2023 to 2027, plus the tax-free savings account limits. Data only: this file does not compute a gain and does not set out base cost determination.
Verification status — checked 2 September 2026.
Confirmed against SARS, figure by figure:
- Annual exclusion, year-of-death exclusion and primary residence exclusion for YoA 2027 — R50,000 / R440,000 / R3,000,000
- Maximum effective rate for individuals and special trusts, YoA 2027 — 18%
Still to confirm — carried from the same reconciled source, but not independently re-checked:
- The same four CGT figures for YoA 2023 to 2026
- The tax-free savings account limits and penalty rate, all five years
SARS numbers a year of assessment by the calendar year in which it ends. The tax year runs 1 March to the last day of February. So the year of assessment ending 28 February 2027 is YoA 2027, and it is the year commonly written "2026/27".
| Year of assessment | Commonly written | Period |
|---|---|---|
| 2023 | 2022/23 | 1 March 2022 – 28 February 2023 |
| 2024 | 2023/24 | 1 March 2023 – 29 February 2024 |
| 2025 | 2024/25 | 1 March 2024 – 28 February 2025 |
| 2026 | 2025/26 | 1 March 2025 – 28 February 2026 |
| 2027 | 2026/27 | 1 March 2026 – 28 February 2027 |
Getting this wrong by one year is the single most common error in South African rate lookups. Every table below is keyed by year of assessment.
This file covers, for each year of assessment 2023-2027:
Not covered here: inclusion rates for companies and trusts; base cost rules; the small business asset exclusion under s 10(1)(zJ); roll-overs; or any computation rule.
| --- | --- | --- | --- | | 2023 (2022/23) | R40,000 | R300,000 | R2,000,000 | 40% | | 2024 (2023/24) | R40,000 | R300,000 | R2,000,000 | 40% | | 2025 (2024/25) | R40,000 | R300,000 | R2,000,000 | 40% | | 2026 (2025/26) | R40,000 | R300,000 | R2,000,000 | 40% | | 2027 (2026/27) | R50,000 | R440,000 | R3,000,000 | 40% |
Source: Income Tax Act 58 of 1962 s 26A; Eighth Schedule paras 5, 10 and 45. YoA 2027 confirmed against SARS, Capital Gains Tax (CGT) rate tables dated 25 February 2026: https://www.sars.gov.za/tax-rates/income-tax/capital-gains-tax-cgt/, 2026-09-02. Earlier years not re-checked.
Effective rate. The inclusion rate is 40% in every year in this file, so the maximum effective CGT rate for a natural person is 40% of the top marginal rate of 45%, being 18%.
| --- | --- | --- | | 2023 (2022/23) | R36,000 | R500,000 | 40% | | 2024 (2023/24) | R36,000 | R500,000 | 40% | | 2025 (2024/25) | R36,000 | R500,000 | 40% | | 2026 (2025/26) | R36,000 | R500,000 | 40% | | 2027 (2026/27) | R46,000 | R500,000 | 40% |
Source: Income Tax Act 58 of 1962 s 12T.
General reference only. This file is general tax reference material for AI-assisted workflows. It has not been reviewed for any specific person's facts, documents, elections, deadlines, residency, filing status or local procedures. Do not rely on it to file, pay, amend or take a tax position without review by a qualified professional in South Africa.
Contributed by Brandon Iverach.
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