South Africa » Taxes

Stamp Duty	Capital Gains Tax	Income Tax	VAT

Stamp Duty

The transfer of shares entails 0.25% stamp duty. Bond and rental agreements also have a stamp duty payable.

Capital Gains Tax

CGT is payable in the year in which the asset is disposed of and is calculated by adding 25% of the capital gain, or profit, to the individuals income for that year and taxing that income, taking the individuals marginal rate of income tax.

Income tax

A property owned by a company and generating an income is subject to a tax of 29%. A resident is subject to a 18-40% income tax based on the amount of income earned in South Africa.

VAT 

Residential rentals and sales are subject to 14% GST.