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Lia is a resident of the republic of South Africa. She is the owner of various assets and property in the country and has made

Lia is a resident of the republic of South Africa. She is the owner of various assets and property in the country and has made the decision to sell a few of her assets. Lia has been living in her home which she bought 12 years ago, she has now decided to relocate to Gauteng due to a change in her job. Her residential property was bought at a cost price of R2500000 in January 2010 and it was sold for R4200000 in February 2022.
She owned shares in Reality (Pty) Ltd which she purchased for a cost of R120000, she required extra cash to purchase furniture for her new home and decided to sell the shares for R213000 in January 2022, she does not deal in the buying and selling of shares. Lia has been having problems with the payment of rental from her tenant in a flat that she rents out, she has therefore decided to sell this flat. The flat was purchased for R1500000 in July 2016 and sold for R1850000 in November 2021.
In addition to the assets that were sold in the current year of assessment she had made a capital loss of R250000 from the 2021(previous) year of assessment.
You are required to calculate the taxable capital gain or loss for Lia for the 2022 year of assessment.

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