That's right. Today we'll give you six important facts about CGT so you can avoid penalties.
We'll tell you everything you need to know, including instances where you won't trigger CGT when you sell an asset and we'll finally set the record straight on CGT and distributing an 'asset in kind'.
Six CGT facts no business owner can afford to be without
Taking these facts into account will go a long way in ensuring you avoid these harsh penalties.
If you get lost in the CGT maze, be sure to check out the Practical Tax Loose Leaf Service. It covers everything about CGT. You can also get more answers regarding CGT at www.accountingandtaxclub.co.za.