Page 10 - F6 - Capital Gains Tax - Part 1

Example

During the 2015 year of assessment Don (Pty) Ltd

sold a plant with a base cost of R100 000, proceeds

amounted to R200 000. It also sold a vehicle with a

base cost of R150 000, proceeds amounted to R100

000.

Calculate the taxable capital gain of Don (Pty)

Ltd for the 2015 year of assessment