1. Is this your company? I get the sense that you are confusing yourself with the company.
2. If the property belongs to the company and is held to generate revenue; then correct this is a capital gain and should be included at a rate of 66.6% to the taxable income which is taxed at a rate of 28%.
3. If you are the owner of the company and you want your company to sell this property so that you as the owner can have the profit therefrom distributed to you as a dividend,
you still have to go through number 2 above and declare a dividend of which your company will have to withhold 15% thereof and pay over to SARS.
You will have to declare this in your own personal declaration to SARS and it will be exempt.
4. No annual exclusions for companies.
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