Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Is valuation costs of a building that was sold tax deductible?



Vivienne says:
22 September 2016 at 20:12

Is valuation costs on a factory that was sold tax deductible? Or should the fee paid form part of the base cost for CGT purposes?

TaxTim TaxTim says:
23 September 2016 at 9:23

The fee paid is only deductible in the CGT calculation and are unfortunately not allowed as a deduction prior to this.

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.




Do your Tax Return in 20 minutes or less!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.