Master Capital Gains Tax at Your Own Pace!

Our Capital Gains Tax Self-Study Package is designed for individuals, tax practitioners, and financial professionals who want to confidently navigate the complexities of CGT in South Africa. This comprehensive, easy-to-follow resource covers everything from the basic principles to more advanced applications, including property disposals, business assets, exemptions, and effective planning strategies.

The following self-study courses are included:

CAPITAL GAINS TAX

• Basic framework: individuals and companies
• Asset
• Disposal
• Proceeds
  • Proceeds from disposal – paragraph 35
  • Reduction of proceeds
  • Donations and sales at less than market value – paragraph 38
• Base Cost
  • Base Cost – paragraph 20
  • Amounts reducing the base cost of an asset
  • Assets acquired before October 2001
  • Determination of valuation date value
  • Time-apportionment base cost
  • The basic TAB formula
  • The adjustment TAB formula
  • Selling expenses and the TAB formula
• Deemed disposals and deemed acquisitions
  • Events treated as acquisitions and disposals
  • Acquisition & Disposal – commencing or ceasing to be a resident
  • Acquisition & Disposal – South African permanent establishment
  • Disposal & Acquisition – capital asset becomes trading stock
  • Acquisition – trading stock ceasing to be trading stock
  • Disposal & Acquisition – personal-use assets
• Exclusions from CGT
  • Primary residence exclusion
  • Personal-use assets
  • Disposal of micro business assets
  • Gambling, games and competitions
  • Donations and bequests to public benefit organisations and exempt persons
• Loss limitation rules
• Rollover relief – transfer between spouses

CAPITAL GAINS TAX BEGINNERS

• Income tax framework
• Capital gains tax structure
  • Net capital gain or losses
  • Annual exclusion
  • Assessed Capital losses
  • Aggregate capital gain / (loss)
• Calculating capital gains on disposal of as asset:
  • Proceeds
  • Base cost
  • Base cost before 01-10-2001
  • Base cost after 01-10-2001
  • Base costs paragraph 26 & 27
• Specific exclusions
  • Primary residence
• Exclusions and limitations of losses
• Rollover of a capital gain

CAPITAL GAINS TAX ADVANCED

• Income tax framework
• Capital gains tax structure
• Capital vs. revenue
• The eight schedule
• Taxable capital gains and assessed losses
• Disposal and acquisition of assets
• Limitation of losses
• Base cost
• Proceeds
• Primary residence exclusion
• Impact of CGT on the income tax calculation

CAPITAL GAINS TAX COMPANIES

• Income Tax Framework – Companies
• Capital Gains Tax Structure – Companies
• Definition of an asset for Capital Gains Tax purposes
• Capital Gains Tax implications – On disposal of an asset
• Capital Gains Tax implications – On a deemed disposal
• Base Cost
• Proceeds
• Capital Gains Tax consequences – On the sale of share
• Capital Gains Tax consequences – On the sale of a business

All Included:

• Video presented courses
• Downloadable course material
• Certificate of training
• Assessments (optional)
• SAIT Accredited (Verifiable CPD Hours)