Capital gains for companies
Understand the calculation of capital gains for corporations.
Course Type
E-learning
Length
1 - 3 hours
What you’ll achieve
When you've completed this course, you will understand how to:
- Apply the proforma for calculating capital gains, including proceeds, allowable costs, and enhancement expenditures.
- Account for adjustments related to gifts, connected persons, and special rules for spouse transfers.
- Distinguish between indexed and unindexed gains and apply indexation allowances for corporate disposals.
- Identify allowable costs such as base costs, incidental costs of sale/acquisition, and enhancement costs.
- Compute gains for various scenarios, including asset destruction, loss, and connected transactions.
- Apply the rules for excluding certain costs, such as non-enhancement repairs, from gain calculations.
- Handle the tax implications of corporate disposals and utilise relevant indexation factors effectively.
About this course
This course explains the calculation of capital gains for corporations. It also provides a useful pro-forma for calculating the gains.
This course is made up of videos, questions and additional reading materials.
Corporate accountants and tax professionals managing disposals; business owners seeking to understand tax implications of asset disposals; individuals interested in corporate tax computations for capital gains.
Overview
E-learning |
|
1 - 3 hours |
|
Tax investigations |
Syllabus
The course covers the following areas:
- Gain Calculation Proforma
- Indexation Allowances
- Connected Persons Rules
- Practical Adjustments.
How to access
Once purchased you'll be able to access the AAT Learning Portal where you'll have 12 months from the date to access the learning materials. AAT Learning Portal allows you to view all the courses you've purchased in one place, monitor your latest training activity and create goals to help you achieve your training aims.