Capital gains taxes - basic and intermediate
|CPD Hours:||Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
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