Capital Gains Tax Series
Capital Gains Tax Series
What's Included:
The basic principles related to Captital Gains Tax
OUTCOMES OF TOPIC After studying this topic related to capital gains tax, you should be able to: ✓ Understand what capital gains tax is; ✓ Understand where capital gains tax fits into the income tax framework of an individ ual taxpayer; ✓ Understand that the Eighth Schedule contain the provisions in respect of capital gains tax and how to apply these provisions to determine its inclusion in a taxpayer’s taxable income calculation; ✓ Understand the basic working of CGT; ✓ Understand the process to calculate taxable capital gain or assessed capital loss to be included in a taxpayer’s taxable income; ✓ Understand when CGT will be triggered; ✓ Understand which questions in the ITR12 tax return to answer in order to disclose capital gains and capital losses.
0.5 Hour | R49.00
Basic Proceeds and base cost calculations
OUTCOMES OF TOPIC After studying this topic related to capital gains tax, you should be able to: ✓ Understand what capital gains tax is; ✓ Understand where capital gains tax fits into the income tax framework of an individ ual taxpayer; ✓ Understand that the Eighth Schedule contains the provisions in respect of capital gains tax and how to apply these provisions to determine its inclusion in a taxpayer’s taxable income calculation; ✓ Understand the basic working of CGT; ✓ Understand the process to calculate a taxable capital gain or assessed capital loss to be included in a taxpayer’s taxable income; ✓ Understand when CGT will be triggered; ✓ Understand which questions in the ITR12 tax return to answer in order to disclose capital gains and capital losses.
0.5 Hour | R49.00
Potential capital gain
OUTCOMES OF TOPIC After studying this topic related to capital gains tax, you should be able to: ✓ Understand what capital gains tax is; ✓ Understand where capital gains tax fits into the income tax framework of an individ ual taxpayer; ✓ Understand that the Eighth Schedule contains the provisions in respect of capital gains tax and how to apply these provisions to determine its inclusion in a taxpayer’s taxable income calculation; ✓ Understand the basic working of CGT; ✓ Understand the process to calculate a taxable capital gain or assessed capital loss to be included in a taxpayer’s taxable income; ✓ Understand when CGT will be triggered; ✓ Understand which questions in the ITR12 tax return to answer in order to disclose capital gains and capital losses.
0.5 Hour | R49.00
Potential capital loss
OUTCOMES OF TOPIC After studying this topic related to capital gains tax, you should be able to: ✓ Understand what capital gains tax is; ✓ Understand where capital gains tax fits into the income tax framework of an individ ual taxpayer; ✓ Understand that the Eighth Schedule contains the provisions in respect of capital gains tax and how to apply these provisions to determine its inclusion in a taxpayer’s taxable income calculation; ✓ Understand the basic working of CGT; ✓ Understand the process to calculate a taxable capital gain or assessed capital loss to be included in a taxpayer’s taxable income; ✓ Understand when CGT will be triggered; ✓ Understand which questions in the ITR12 tax return to answer in order to disclose capital gains and capital losses.
0.5 Hour | R49.00
Special base cost rules
OUTCOMES OF TOPIC After studying this topic related to capital gains tax, you should be able to: ✓ Understand what capital gains tax is; ✓ Understand where capital gains tax fits into the income tax framework of an individ ual taxpayer; ✓ Understand that the Eighth Schedule contains the provisions in respect of capital gains tax and how to apply these provisions to determine its inclusion in a taxpayer’s taxable income calculation; ✓ Understand the basic working of CGT; ✓ Understand the process to calculate a taxable capital gain or assessed capital loss to be included in a taxpayer’s taxable income; ✓ Understand when CGT will be triggered; ✓ Understand which questions in the ITR12 tax return to answer in order to disclose capital gains and capital losses.
0.5 Hour | R49.00
Deemed disposal rules
OUTCOMES OF TOPIC After studying this topic related to capital gains tax, you should be able to: ✓ Understand what capital gains tax is; ✓ Understand where capital gains tax fits into the income tax framework of an individ ual taxpayer; ✓ Understand that the Eighth Schedule contains the provisions in respect of capital gains tax and how to apply these provisions to determine its inclusion in a taxpayer’s taxable income calculation; ✓ Understand the basic working of CGT; ✓ Understand the process to calculate a taxable capital gain or assessed capital loss to be included in a taxpayer’s taxable income; ✓ Understand when CGT will be triggered; ✓ Understand which questions in the ITR12 tax return to answer in order to disclose capital gains and capital losses.
0.5 Hour | R49.00
Primary residence exclusion
OUTCOMES OF TOPIC After studying this topic related to capital gains tax, you should be able to: ✓ Understand what capital gains tax is; ✓ Understand where capital gains tax fits into the income tax framework of an individ ual taxpayer; ✓ Understand that the Eighth Schedule contains the provisions in respect of capital gains tax and how to apply these provisions to determine its inclusion in a taxpayer’s taxable income calculation; ✓ Understand the basic working of CGT; ✓ Understand the process to calculate a taxable capital gain or assessed capital loss to be included in a taxpayer’s taxable income; ✓ Understand when CGT will be triggered; ✓ Understand which questions in the ITR12 tax return to answer in order to disclose capital gains and capital losses.
0.5 Hour | R49.00
Other Loss Limitation Provisions and Rules Regarding Disregarding Tax consequences
OUTCOMES OF TOPIC After studying this topic related to capital gains tax, you should be able to: ✓ Understand what capital gains tax is; ✓ Understand where capital gains tax fits into the income tax framework of an individ ual taxpayer; ✓ Understand that the Eighth Schedule contains the provisions in respect of capital gains tax and how to apply these provisions to determine its inclusion in a taxpayer’s taxable income calculation; ✓ Understand the basic working of CGT; ✓ Understand the process to calculate a taxable capital gain or assessed capital loss to be included in a taxpayer’s taxable income; ✓ Understand when CGT will be triggered; ✓ Understand which questions in the ITR12 tax return to answer in order to disclose capital gains and capital losses.
0.5 Hour | R49.00
Roll-over of capital gains
OUTCOMES OF TOPIC After studying this topic related to capital gains tax, you should be able to: ✓ Understand what capital gains tax is; ✓ Understand where capital gains tax fits into the income tax framework of an individ ual taxpayer; ✓ Understand that the Eighth Schedule contains the provisions in respect of capital gains tax and how to apply these provisions to determine its inclusion in a taxpayer’s taxable income calculation; ✓ Understand the basic working of CGT; ✓ Understand the process to calculate a taxable capital gain or assessed capital loss to be included in a taxpayer’s taxable income; ✓ Understand when CGT will be triggered; ✓ Understand which questions in the ITR12 tax return to answer in order to disclose capital gains and capital losses.
