What to pay to SARS on a R80,000 house sold?

By Evan Robinson · Updated

Denzil

Denzil said:
8 July 2015 at 1:56

Hi. I sold my house for R80,000. How much tax do I need to pay on that?
TaxTim Evan

TaxTim Evan said:
8 July 2015 at 7:19

You will not need to pay tax on this amount as any sales under R2m of a home you lived in do not attract capital gains tax.