If you’re thinking about selling your Randburg property in 2026, one term you’ll probably hear from your tax consultant or conveyancer is Capital Gains Tax (CGT). It sounds intimidating — but once you understand how it works, it’s much easier to plan your next move confidently. Call 062 752 6507 for advice.
Let’s break it down simply so you can make informed decisions before you list your home or investment property for sale. If you need assistance or have a question, click here to WhatsApp Sandy from Cornerstone Homes.
When Capital Gains Tax Applies
Capital Gains Tax is triggered when you sell an asset for more than you paid for it. In this case, your Randburg property. It’s not a separate tax but forms part of your annual income tax calculation with SARS.
However, there’s good news. If the property you’re selling is your primary residence, you’ll likely qualify for an exemption on the first R2 million of your capital gain. That means many homeowners selling their main Randburg home won’t pay any CGT at all. Click here to visit our website.
CGT Applies More Notably When
- You own additional investment properties or rental homes in Randburg or elsewhere.
- You’re selling a second property that is not your main residence.
- The profit (capital gain) you make exceeds the R2 million exemption.
How The CGT Calculation Works – A Simplified Version
- Start with your selling price (what the buyer pays).
- Subtract your base cost — the original purchase price plus certain costs like transfer fees, agent commission, or renovations that added value.
- The result is your capital gain.
Only a portion of that gain is taxed — currently, 40% of your gain is included in your taxable income, and then it’s taxed at your personal income tax rate. Do you need advice and need to consider selling a Randburg property – click here to send Sandy from Cornerstone Homes a WhatsApp now.
An Example Of the Capital Gains Tax Calculation
- You sell an investment property in Randburg for R3.5 million.
- You bought it for R2.5 million and spent R200,000 improving it.
- Your capital gain is R800,000.
- 40% of that (R320,000) is added to your taxable income for the year.
That’s how SARS determines what you owe in Capital Gains Tax.
If You Own Multiple Randburg Properties
For investors who hold several properties across Randburg — perhaps a rental unit in Bromhof or a townhouse in Boskruin — timing your sales strategically can make a big difference. Selling more than one property in a single tax year can increase your taxable income significantly.
That’s why it’s wise to consult a tax practitioner before listing multiple properties. They can help you structure the sales over different financial years or advise on legitimate ways to reduce your CGT exposure. Need to schedule a Randburg property valuation – click here to request a valuation online.
Understanding Capital Gains Tax Enabling Smart Planning = Smoother Selling
When you sell your Randburg property, understanding CGT helps you avoid surprises and gives you more control over your net proceeds. The key takeaway? Plan ahead, keep good records of improvements and expenses, and work with professionals who can guide you through both the property and tax side of your sale.
If you’re considering selling in 2026, we can help you start with an accurate, current property valuation — so you’ll know exactly what your next move could look like.
Contact Sandy From Cornerstone Homes To Sell A Randburg Property
Call or WhatsApp Cornerstone Homes on 062 752 6507 for a confidential discussion about your Randburg property and your goals for the year ahead.
