This is the positive growth in value a capital asset experiences.To calculate capital gain in a very basic way deduct the original purchase price of the asset from the amount you received when you sold it,the difference will be your capital gains.Capital gain is only realised once the asset is sold.
For example: If you bought a house last year for R700 000 and you sell it this year for R750 000, your capital gain is R50 000.
