Capital assets are a form of investment that often yield the best returns – however it may also attract a significant amount of tax.
Regardless of whether assets are employed in trade or used by individuals for their personal purposes, there is a possibility that capital gains tax will apply the moment the asset is disposed of.
In order to prepare you for capital gains taxes, we offer a course aimed at discussing the basic principles thereof.
This session will address matters including, but not limited to, the following:
• The determination of what constitutes a / an
o Asset
o Disposal (including deemed disposals)
o Base cost
o Proceeds
• Tax treatment of capital gains and losses with connected persons
• Certain exclusions / exemptions (this session will not cover the primary residence exclusion or roll-overs in detail – please refer the advanced session)
• Administrative provisions and related matters
☒ Investment managers
☒Financial managers
☒Tax Practitioners
☒Auditors
☒Bookkeepers
☒Financial accountants
☒First year SAICA Trainees
☒Second year SAICA trainees
☒Third year SAICA trainees
☒Fourth year SAICA trainees
☒Fifth year SAICA trainees
☒Audit managers
☒Audit partners
