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Quote from: Snakepit on February 10, 2014, 07:08:27 am

And another question - Is there any benefit what so ever if you sell shares after retirement, after turning 60? This is your "pension" or part of your pension.

Nope.

Quote from: Snakepit on February 10, 2014, 07:08:27 am

Orca, that 33.3 % you mention is it still the same percentage if you sell all your shares after turning 60 (retirement)?

33.3% is the cgt rate applied to your gains. Your effective rate depends on your marginal tax rate eg. @ 40% marginal tax rate, you would effectively pay 13.3%. At a lower marginal rate you would pay less, eg. 9.99% @ 30% marginal tax rate.

or put differently, a third of your CGT gains are fully taxed

(CGT Gain - R30 000)/3 fully taxed

yes

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But what if I am only stock trading and have a job,can the loss from one trade be deducted from the gain tax free from another trade before tax is calculated?
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I have an add on segment to the previous question I asked.Can the loss from one trade be deducted from the gain from another trade before tax is calculated,even if the 2 trades are in 2 different  tax year's?

Go and study the guide for share owners issued by SARS (latest update 17 Feb 2014).
You can find it at:
http://www.sars.gov.za/AllDocs/OpsDocs/Guides/LAPD-IT-G11%20-%20Tax%20Guide%20for%20Share%20Owners%20-%20External%20Guide.pdf

Allrighty, S.A and the country I work in have a double taxation agreement, which means that if I'm taxed here, then I won't be taxed in S.A(as I understand it).

Does this mean that the income from my job is excluded from being processed into e-filing?

Also, as I understand it,Fifo and weighted average work together,and are not mutually exclusive.
Are there any other benefits to the other method?

The way I understand the deductable tax from gains is as follows
CGT tax on profits from equities that obey the 3 year rule are taxed at 33,3% of 40%.

This works out to 13.3% for CGT,if the 3 year rule is observed.

This all depends if you are in the 40% bracket, which applies to taxable income in excess of R638 600 P.A for 2014.

My taxable income is below this, even if I had to pay tax in S.A.Do I still fall in the same tax bracket of 40%?

SA will tax only earnings sourced in SA but you must declare your Ossie earnings. It gets quite complicated as I don't know your circumstances.
Did you inform SARS that you are emigrating and pay exit tax on your SA assets?
Where do you regard your home to be?
Do you spend time in SA every year?
What address has SARS for you?
If you are contacting overseas but have a home here or a wife that rents in SA, you can still be regarded as a SA resident for tax purposes.
Very important tip. If you are non resident, let your Broker know as your dividends might be tax free.
Not updating your address with SARS is a criminal offense.

I'm afraid that you will not satisfy the physical presence test as you have not been present in SA for at least 91 days in a tax year.
You are a non resident and will only pay tax on your SA earnings. CGT is only payable on the disposal of immovable property. Selling of property stocks are taxable but not other shares.
You must get your a into g and change your address as SARS is taxing you as a resident and you will pay more than you are required to.

There is a big diffs in tax consequences between residents and non residents. The double tax treaty will not apply to you as you are a SA resident in SARS eyes. You must get this sorted out and become non resident in SA.
That way SARS has no claim on your foreign earnings and you will not pay CGT on non property shares you sell in SA.
You will only pay tax if the shares have not yet reached the 3 year term as you will be trading in SA. All interest is tax free.
Any earnings you make from your SA shares must be declared in Australia and you will get credit for tax paid here according to the DDT. This is to prevent tax avoidance and to protect you from paying tax twice.
If your tax rate in Australia is 35% and 30% in SA, then your tax on SA share sales will be 5% in Australia.