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Royston Steel Royston Steel was born in Kwa Zulu Natal South Coast. He spent the first thirty-two years of his life in Durban. On 01 October 2017 he purchased a house in Durban for R700 000 and a house in Midrand (Gauteng) for R800 000. He owns a business that operates in both Durban and Midrand. He spends six months of the year in each house. He remains a 'Natalian' at heart, and he supports the 'Dolphins' at cricket. On 8 February 2021 he retired. He sold both houses. The Durban house was sold for R2600000 and the Midrand house for R2 100000 . Calculate the capital gains subject to capital gains tax that arises when John sells his Durban and Johannesburg houses. Royston Steel Royston Steel was born in Kwa Zulu Natal South Coast. He spent the first thirty-two years of his life in Durban. On 01 October 2017 he purchased a house in Durban for R700 000 and a house in Midrand (Gauteng) for R800 000. He owns a business that operates in both Durban and Midrand. He spends six months of the year in each house. He remains a 'Natalian' at heart, and he supports the 'Dolphins' at cricket. On 8 February 2021 he retired. He sold both houses. The Durban house was sold for R2600000 and the Midrand house for R2 100000 . Calculate the capital gains subject to capital gains tax that arises when John sells his Durban and Johannesburg houses

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