Capital Gains Tax on second hand personal items

By Nicci Courtney-Clarke · Updated

Ryno

Ryno said:
22 February 2016 at 10:58

Is selling your unwanted goods taxable and how do you calculate tax?
TaxTim Nicci

TaxTim Nicci said:
22 February 2016 at 12:20

What unwanted good are you referring to?
Ryno

Ryno said:
22 February 2016 at 13:55

For instance your old fridge or washing machine?
TaxTim Nicci

TaxTim Nicci said:
22 February 2016 at 13:57

There would not be any tax owing on these amounts.
Capital Gains