Could anyone help me understand the capital gains tax calculations on the sale of a business?
I am considering selling my business (closed corporation) but would like to know roughy what I would walk away with from a sale price of R2 million?
I bought the business for R225 000 6 years ago, although I only really bought the assets as I started my own cc, changed the name of the business and signed a new lease.
My wife is the sole member of the cc, assets are approx R450 000.

I assume any prospective buyer would buy the business from the cc and not the actual shares, and not sure how this affects things in reality.
Any help would be much appreciated.