Capital Gains Tax (Effective) in South Africa compared to Africa

Footnote | Export Sort: Alphabetically | Ascending | Descending

Click name of country for detailed information
Afghanistan 33.30%
Botswana 25.00%
Cape Verde 10.00%
Gambia 5.00%
Ghana 15.00%
Kenya 0.00%
Mauritius 0.00%
Namibia 0.00%
Nigeria 10.00%
Senegal 30.00%
Seychelles 0.00%
South Africa 45.00%
Tanzania 20.00%
Uganda 40.00%
Zambia 37.50%
Zimbabwe 50.00%

South Africa: Capital gains taxes (%).

In arriving at effective capital gains tax rates, the Global Property Guide makes the following assumptions:

  • The property is directly and jointly owned by husband and wife;
  • They have owned it for 10 years;
  • It is their only source of capital gains in the country
  • It has appreciated in value by 100% over the 10 years to sale
  • The property was worth US$250,000 or 250,000 at purchase.
  • It is not their sole or principal residence.

These assumptions are critical. In many countries a holding period of less than 5 years results in capital gains being taxable. But a longer holding period often results in no capital gains tax being payable. For more details see the Data FAQ

Source: Global Property Guide Research, Contributing Accounting Firms

South Africa does not publish official house price statistics, but ABSA Group releases good house price data. ABSA has a monthly house price index and quarterly property projections. General economics statistics are available from the Reserve Bank of Africa and the First National Bank (FNB). FNB releases quarterly economic forecasts as well.