Capital gains tax and recoupments

In-house course

2 Hours
Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
YVONNE ROSSOUW   yvonner@probetatraining.co.za

When a capital asset is sold, there are specific tax consequences or the gain/loss, as well as recoupments that must be considered for tax allowances claimed on the capital asset.

Calculating the capital gain/recoupment can be difficult depending on the circumstances. This session will focus on the considerations when calculating the capital gain and recoupments, and provide practical examples of how to calculate the tax implications.


  • The determination of what constitutes a / an
  • Asset
  • Disposal (including deemed disposals)
  • Base cost
  • Valuation date value
  • Improvements and repairs
  • Proceeds
  • Specific considerations when calculating capital gains
  • Certain inclusions or exclusions in the base cost or proceed
  • Recoupments
  • Calculation of capital gains with examples of:
  • Sale of farm
  • Sale of shares
  • Sale of moveable assets
  • Practical considerations such as:
  • Losses carried forward
  • Documentary proof