The following are the main exclusions from CGT:

• Primary residences with capital gains up to R2 million
• Personal use assets
• Retirement benefits
• Long-term assurance
• Small business assets with capital gains up to R1.8 million (applicable when a person is over the age of 55 where the maximum market value of the small business assets does not exceed R10 million
• Annual exclusion for natural persons: R40 000
• Annual exclusion on death for natural persons: R300 000