Reconcile each capital disposal before calculating the annual position.
Substantiating base cost
Keep acquisition evidence and establish the allowable base-cost method. The calculator takes the substantiated total for the units sold; it does not automatically choose or calculate a weighted-average acquisition ledger.
Calculating a disposal
Proceeds minus base cost and allowable selling costs gives the gain or loss. Example: R60,000 proceeds minus R35,000 cost and R1,000 fees gives R24,000.
Annual aggregation
Combine applicable capital gains and losses across the year. Apply the year’s exclusion once and account for an assessed capital loss brought forward before applying the inclusion rate. A net annual loss also has its annual exclusion applied. Read the loss example.
Using the calculator
Add all relevant disposals or enter other annual capital totals. The tool compares income tax before and after the included gain, with the chosen year and age rebates. Read its assumptions before using an estimate for filing.