CGT Refresher
Presenters : Prof. Jackie Arendse
Overview
2026 marks 25 years since the introduction of capital gains tax (CGT) in South Africa. Over this period, inflationary pressures and ongoing legislative developments steadily increase CGT exposure, making it an increasingly significant component of tax planning and compliance.
In addition, the CGT framework continues to evolve through legislative amendments, court decisions, and SARS administrative practices and reporting requirements. As a result, a strong and current understanding of CGT remains essential for tax practitioners, accountants, financial advisors, legal professionals, investors, and business owners.
This practical 2-hour video, Capital Gains Tax – A Refresher, presented by Prof. Jackie Arendse, revisits the core principles of CGT while unpacking recent developments and common areas of difficulty in practice. It provides a clear, structured overview of the key rules governing CGT, including disposals, base cost determination, exclusions, roll-over relief, and the interaction between CGT and other taxes.
The session also highlights recent legislative amendments, key case law, and SARS interpretations affecting both individual and corporate taxpayers. Practical examples are used throughout to support real-world application and reinforce understanding.
This video is ideal for professionals seeking to refresh their CGT knowledge, strengthen technical competence, and remain current with recent developments while earning CPD hours.
Video Content
- Overview of the Eighth Schedule and the calculation of taxable capital gains and capital losses
- Key CGT concepts, including asset definition, disposals, proceeds, and base cost
- Exclusions, exemptions, and rollover relief provisions
- Anti-avoidance rules, including the limitation of losses
- Application of CGT rules to specific scenarios, including:
- Primary residences
- Crypto assets
- Foreign assets
- Sale of a small business
- Ceasing to be a tax resident
- Recent legislative amendments, case law, and SARS interpretations
- Practical examples illustrating CGT application in real-world contexts
Competencies Developed
After watching this video, participants will be able to:
- Stay up to date with current changes in CGT legislation and SARS practice
- Advise clients on the CGT implications of a range of transactions
- Guide teams in preparing SARS-compliant tax returns in line with legislation and practice
- Develop client communications highlighting key CGT developments
- Strengthen tax planning strategies relating to capital gains tax