How much of my investment can I liquidate a year without incurring income tax.

By Marc Sevitz · Updated 10 June 2013

I have a unit trust with Alan Gray. I'd like to liquidate the maximum amount allowed per year without incurring extra income tax. Can you help me with this please? How much can I liquidate a year. My annual income is about R145 000.

TaxTim Marc said:
10 June 2013 at 19:42

You can dispose of investment assets and make a capital gain of R30 000, that is the difference between the selling price and the cost price, without paying any capital gains tax.

Capital Gains

Dividends