- I buy the property for R1 358 000 and sell it for R2 450 000
- Gain is R 1 092 000 - 30 000 annual inclusion = 1 062 000 x 33.33% inclusion rate = R353 964.6 added to my taxable income
- Current taxable income sits at 394440/annum
- How much added tax will I have to pay as a result of this income? Am I doing this right?
- The property is in a company and not in my private name
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