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; Base cost of assets acquired before 1 October 2001; Exclusions; Roll-over of capital gain or capital loss; Aggregate capital gain or aggregate capital loss; Net capital gain or assessed capital loss; Inclusion rate and taxable capital gain; and...