This practical South African tax course examines the Capital Gains Tax (CGT) implications arising upon death and during the administration of a deceased estate. Participants will gain an understanding of deemed disposals, available exemptions and exclusions, asset valuations, executor responsibilities, and the interaction between CGT and Estate Duty

Content

The death of a taxpayer can trigger significant Capital Gains Tax consequences that must be carefully managed by executors, tax practitioners, accountants, and estate administrators.

This course provides a practical overview of the CGT rules applicable in the year of death and during the administration of a deceased estate. Participants will explore deemed disposals, asset valuations, annual exclusions and rebates, the tax treatment of inheritances, and the distinction between transfers to surviving spouses and other beneficiaries.

The course also examines the interaction between Capital Gains Tax and Estate Duty, the responsibilities of executors, and the documentation required to ensure accurate tax compliance and reporting.

Key Topics Covered:

• Bequeathing assets to your spouse vs other heirs
• Rebates and annual exclusions available in the year of death
• Tax Treatment of Capital Gains in Late Estates
• Documents required for Capital Gains Tax Purposes
• Deemed disposal of Assets for CGT purposes
• Capital Gains Tax vs Estate Duty