Tax guide

Capital gains tax for individuals

A share, crypto, or property disposal is not taxed like a salary. Individuals include 40% of the net gain (after the annual exclusion) in taxable income. The bank credit is usually proceeds.

Inclusion and exclusion (2026/2027)

Annual exclusion: R50,000 (Budget 2026, up from R40,000). Inclusion rate for individuals: 40%. Maximum effective rate at 45% marginal: 18%. Death exclusion remains R440,000. Confirm the year’s table on sars.gov.za before you file.

Proceeds minus base cost

Gain = proceeds − base cost − allowable selling costs. A crypto-exchange or EasyEquities withdrawal is not “income of R88,000” unless that is also the gain. If you do not know base cost, treat the figure as an estimate and keep the IT3(c) or broker statement.

Not CGT

Bank interest, interest boosts, and interest cashback are section 10(1)(i) local interest — not a disposal. A SARS refund is not a gain. Dividends have their own withholding. Frequent crypto trading can be ordinary income instead of CGT; that is a facts test.

Primary residence

A qualifying primary residence has a separate exclusion and size/use tests. A flat you rented out is ordinary CGT. Timing: the year you signed can matter even if transfer is later — read the current SARS note, not a forum post.

Disclaimer: This is general guidance based on the South African Income Tax Act and published SARS Interpretation Notes as at the 2026/2027 year of assessment (1 March 2026 – 28 February 2027). It is not professional tax advice. Deductibility depends on your facts. Confirm current figures on sars.gov.za before you file.

Find the share and crypto sales in your bank statements

Upload bank statements. Taxzi flags lines that may qualify under SARS rules. Mixed shops stay out until you say what they were. You confirm every claim. This is guidance — not a filed return.

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