Capital Gains Tax
Presenters : Carmen Westermeyer
Capital Gains Tax has a reputation of being complex and scary. It needn’t be. Disposals occur on a daily basis and any taxpayer could be subject to Capital Gains Tax: natural persons, corporates, trusts, deceased estates, etc.
Carmen Westermeyer addressed following questions
- How is Capital Gains Tax calculated?
- When and how must Capital Gains Tax be paid?
- Which exclusions are available?
- How does it feed into the tax return?
The session will cover the key provisions of the Eighth Schedule as well as examples of common transactions giving rise to Capital Gains Tax.