Tax and LegalCapital Gains Tax and Asset Disposals
Capital gains tax turns on whether a disposal happened, what the base cost was and whether the gain is capital or revenue in nature, and each of those is argued more often than it is calculated. This course covers all three. Delegates work through the disposal events that trigger a charge including deemed disposals, base cost determination and the expenditure that may be included, and the capital against revenue distinction that decides which regime applies. Roll over and exemption provisions are covered. Share and business disposals receive their own treatment, including the difference between selling assets and selling a company. The course closes on group restructuring and on record keeping over a long holding period.
Course objectives
- Identify disposal events including deemed disposals
- Determine base cost and the expenditure that may be included
- Apply the capital against revenue distinction correctly
- Use roll over and exemption provisions where available
- Compare an asset sale with a share sale on tax outcome
- Address group restructuring within the available reliefs
- Keep records adequate to support a gain calculated years later
Who should attend
- Tax practitioners and corporate accountants
- Finance managers involved in asset and business disposals
- Legal advisers on corporate transactions
- Business owners planning an exit
- Auditors reviewing disposal treatment
Course outline
- 01Three questions argued more than calculated
- 02Disposal events and deemed disposals
- 03Base cost determination
- 04Capital against revenue
- 05Roll over relief and exemptions
- 06Share disposals against asset disposals
- 07Group restructuring reliefs
- 08Records over a long holding period
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 26 to 27 October 2026 | Kampala, Uganda | Classroom | USD 795 per delegate | Register Now |
| 14 to 15 December 2026 | Lagos, Nigeria | Classroom | USD 795 per delegate | Register Now |
| 3 to 4 March 2027 | Online | Online | R6,500 per delegate | Register Now |