Do I have to pay tax on a property in South Africa I sold, if i am a UK citizen?

By Marc Sevitz · Updated

I had a flat in South Africa which I have sold in Oct 2011 & made a capital gain of about R200 000 less fees of approx R70 000, do I need to fill out tax return for yr ending Feb 2012.
TaxTim Marc

TaxTim Marc said:
7 August 2012 at 16:17

You shouldn't need to fill out a tax return in South Africa as it was the responsibility of the buyer to withhold 5% of the proceeds and pay that over to SARS. Non-resident sellers are subject to a withholding tax at a rate between 5 % and 10% depending on whether they are an individual, trust or company. Also if the sale was made for less the R2m then there is no capital gains tax or withholding tax either.