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
