Capital gains and recoupments

If my selling price for an asset is R 2,258,548, Cost is R 2,800,000 and the Tax Value is R 1,120,000. What will my recoupment and capital gain be?

Please make use of our Capital Gains Tax Calculator to work out the tax due on the sale of your asset.

The calculator is only for individuals, the above scenario is for a company...

The principal is the same - the difference is that 2/3 of the gain is added to the company's taxable income (instead of 1/3 for an individual) and will be taxed at the corporate rate of 28%.