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Capital Gains Tax (CGT) increases for 2012/2013

Government proposes an increase to the capital gains tax inclusion rates amounts as follows, with effect from 1 March 2012:

	2011/2012	2012/2013
For Individuals and Special Trusts	25%	33.3%
For Other Persons (Companies and Other Trusts)	50%	66.6%

Click here for detail examples on the impact.

	2011/2012	2012/2013
Disability and Old Age Grants (Below 75)	R1 140	R1 200
Old Age Grants (Over 75)	R1 160	R1 220
Child support Grant	R 265	R 280


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