n Personal Finance Newsletter - Your primary residence and CGT : tax
|Article Title||Your primary residence and CGT : tax|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Oct 2006|
|Pages||10 - 11|
Extracted from text ... 10 October 2006 Moneyweb's PERSONAL FINANCE EVER since Jesus extolled the Pharisees to "render unto Caesar that which is Caesar's" (as recorded in Mark 12: 13-17) recalcitrant taxpayers have sought to disprove that a portion of some amount accruing to them actually belongs to Caesar and should be rendered accordingly. For many years in South African tax law, there has always been this debate between receipts of a "revenue" nature, versus receipts of a "capital" nature. This debate was due to the fact that the former was taxable, whilst the latter was not. Many a day has been spent in ..
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