FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Capital Gains Tax on second hand personal items

Posted 22 February 2016

Ryno said:
22 February 2016 at 10:58

Is selling your unwanted goods taxable and how do you calculate tax?

TaxTim Nicci TaxTim Nicci said:
22 February 2016 at 12:20

What unwanted good are you referring to?

Ryno said:
22 February 2016 at 13:55

For instance your old fridge or washing machine?

TaxTim Nicci TaxTim Nicci said:
22 February 2016 at 13:57

There would not be any tax owing on these amounts.

This entry was posted in Tax Q&A and tagged . Bookmark the permalink.





Do your Tax Return in 20 minutes or less!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.