Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

Capital Gains based on actual purchase price and price on Deed due to exchange rate

Posted 31 October 2014 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Bought property for R1500000. By time exchange rate had changed paid R1900000 for it. Could difference in actual price be offset against Capital Gains

This entry was posted in Tax Questions and tagged , , . Bookmark the permalink.

TaxTimTaxTim says:
1 November 2014 at 11:36

What is the price on the deed?


Lilian says:
1 November 2014 at 13:57

Actual price on Deed is R1 528 000


TaxTimTaxTim says:
2 November 2014 at 12:50

You can increase the base cost to be the amount spent on the purchase.


Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →