(Afrikaans) Capital gains taxes – advanced
|CPD Hours:||Attendance at this seminar will secure 3 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 more complex and intricate principles thereof.
This session will address matters including, but not limited to, the following: • A brief overview of the basic workings of capital gains tax • Adjustments to be made to base cost and proceeds, as well as the determination of pre-valuation date values • Specific exclusions, exemptions and roll-overs o Primary residence exclusion o Personal use assets o Replacement assets • A brief overview of the effect of debt waivers on CGT • Limitation of losses on certain assets • The link between capital gains, trusts and estates
☒ Investment managers ☒Financial managers ☒Tax Practitioners ☒Auditors ☒Bookkeepers ☒Financial accountants ☒First year SAICA Trainees ☒Second year SAICA trainees ☒Third year SAICA trainees