South African Revenue Services Updates Guidance on Capital Gains Tax for Individual and Companies
The South African Revenue Service (SARS) has published updated guidance dated 18 March 2025 relating to capital gains tax for individuals and companies:
- ABC of Capital Gains Tax for Individuals (Issue 13); and
- ABC of Capital Gains Tax for Companies (Issue 11).
With respect to companies, the guidance covers:
- Core provisions of capital gains tax;
- Determining a capital gain or capital loss;…