Taxation 200

A step by step explanation of the inclusion of Capital Gain Tax in the Tax Framework.

A summary of capital allowances allowed on equipment, machinery and buildings used for trade. S12E for small businesses also included.

A summary of capital gains tax on the sale of assets including the sale of assets before the valuation date.

A summary of allowable and specifically prohibited deductions from income tax

A brief summary of taxation for farmers including special relief for drought in par 13.

A summary of the physical presence test for individuals and the gross income definition in its various elements.

Summary of taxation calculation for an individual in South Africa based on 2017 legislation

A summary of provisional tax requirements, procedures, and rules for businesses in South Africa

A summary of a selection of special inclusions which do not meet the Gross Income definition but are specifically included, special exemptions are also discussed.