2% RPGT deposit, Anyone know how to get it back?
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 Nov 24 2011, 05:22 PM, updated 14y ago
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#1
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Senior Member
1,016 posts Joined: Apr 2006  
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Hi guys,
If we sell a house within 5 years we gotta deposit 2% of the purchase price for the RPGT. And supposedly they will rebate you back after deducting the 5% RPGT on profit minus cost. Does anyone know how to get back the rebateable amount or has gotten it back? Cheers |
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Nov 25 2011, 09:46 AM
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#2
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Senior Member
1,016 posts Joined: Apr 2006
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QUOTE(koopa @ Nov 24 2011, 07:28 PM) 2% from the selling price first. Then income tax will refund back to you ur profit -5%. Or 10% within 2 years. Thanks bro. I heard some people after a year also never got anything back. But should get back within 2 years ah?Should get it within 6 mths  Thanks. |
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Jun 12 2012, 03:02 PM
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#3
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Senior Member
1,016 posts Joined: Apr 2006
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I still hadn't gotten mine back yet. Been about 7 months. Kinda slow.
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Jun 12 2012, 03:42 PM
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#4
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Senior Member
1,016 posts Joined: Apr 2006
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QUOTE(De_Legend @ Jun 12 2012, 03:06 PM) ask pymt very fast, but refund super slow... mine almost 1 yr Yalor.. we pay late have penalty.. they pay so late we get nothing.. |
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