Tag: immovable property

Although personal rights are clearly assets for capital gains tax (CGT) purposes, they add a layer of complexity which has not been clarified in recent court decisions. Personal rights play an important role in the determination of capital gains and losses.

National Treasury's proposal in the draft 2018 Taxation Laws Amendment Bill (2018 draft TLAB) to remove the taxable benefit concerning low or interest free loans granted to low-income employees for low-cost housing (the Proposed Amendment) was discussed on Day 2 of the recent National Treasury Workshop on the 2018 draft TLAB (Tax Workshop).