Capital Gains Tax to increase, but thresholds raised

Capital Gains Tax (CGT) for individuals and special trusts will be increased from 1 March- from 25% to 33.3%, while that for companies and other trusts from 50% to 66.6%. This was announced by the Minister of Finance Pravin Gordhan in his Budget Speech today. To mitigate the impact on middle-income earners, the various exclusion
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