TAXSAGE

South African Capital Gains Tax and Section 24J Engine

TaxSage
We consider ourselves to be subject experts in the field of capital gains tax and 24J calculations, as it pertains to financial instruments. Our consulting and outsourcing experience in this field allowed us to develop a unique approach that is efficient, cost effective and of high quality.

We have also identified the opportunity to encapsulate our unique approach in a software solution and with this in mind we have established a strong software development team and invested in our software product TaxSage.

This product is the culmination of over 20 years of experience and consulting in the financial services industry, with a focus on life insurance and asset management companies.

TaxSage is a Capital Gains Tax and Section 24J calculator for the South African taxpayer. The engine can process large volumes of investment transactions fast and efficiently.

TaxSage is highly configurable. The system has the ability to support many taxpayer types and investment types. There are various settings with tolerance thresholds for customisation. TaxSage can produce consolidated processing exports containing processing summaries, performance metrics, logging and calculations.

Some key features include:

  • Designed to perform! Performant & efficient (in-memory processing with very few database touch-points)
  • Well tested (with test cases that are added to our project with continuous integration and without modifying our testing framework)
  • Audit log for all actions performed in the user interface
  • Highly flexible, extensible and maintainable
  • Reliability
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