For 12.5% tax on property sales, should we use purchase price or value on 1st April 2001?

Last Updated on October 24, 2024 at 9:50 am In response to our article, Real Estate Taxation Example After Finance Bill 2024 Amendment, a reader asks, “Does the Financial Bill clearly mention that for capital gains taxation at the new 12.5% rate, the cost of acquisition for the property will be the value of the...

The post For 12.5% tax on property sales, should we use purchase price or value on 1st April 2001? appeared first on freefincal.