Part A John Doe is a resident of the republic. He has an assessed capital loss of R13 000 brought forward from the 2017 year of assessment. During the 2018 year of assessment he suffered a capital loss of R45 000 on the sale of his domestic motor car. He made capital gains on the sale of the following capital assets: R80 000 from a rent-producing property; R7 000 from dividend yielding shares; R5 000 from units in a so-called real estate investment trust; and R20 000 from a six-metre yacht (a personal-use asset). It must be noted that John Doe does not deal in the above assets.

Required Determine John Does taxable capital gain for the 2018 year of assessment.

Taxation not tax law