Tax Happy Hour: Capital Gains Tax (CGT)
Capital Gains Tax (CGT) is a tax levied on the profit (gain) made when you sell or dispose of an asset that has increased in value. It applies to individuals, businesses, and other entities, depending on the jurisdiction.
What will set you apart
By completing this course you will gain the following competencies
- Interaction between the Income Tax Act and the 8th Schedule to the Income Tax Act.
- Overview of the 4 Pillars underpinning CGT
- Pitfalls and opportunities
Event breakdown
- Interaction between the Income Tax Act and the 8th Schedule via S26A of the Income Tax Act.
- Overview of the 4 Pillars of CGT
- Asset
- Base Cost
- Proceeds
- Disposal events
- Pitfalls and opportunities
- Time of disposal and fixed property
- Leasehold improvements
- Section 11(o) vs CGT
- Par 43A of the 8th Schedule
- Corporate rules and CGT
Description
Presenters
Johan Heydenrych — Johan Heydenrych is a Chartered Accountant and tax specialist with more than 30 years of experience in taxation. He was a Tax Partner at KPMG from 1997 to 2020 and is currently a Partner in the Kreston SA network. Johan holds an MCom in Taxation (Cum Laude) and advises clients across a wide range of industries on tax governance, compliance, disputes, technical tax matters, restructurings, mergers and acquisitions.
You will earn a certificate
On successful completion you will receive a certificate for 1 CPD unit in Tax.
Requirements
- Laptop, desktop, or mobile device with internet access
- Microsoft Edge, Google Chrome, Safari, or Firefox browser