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 2% RPGT deposit, Anyone know how to get it back?

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shaniandras2787
post Aug 25 2016, 09:29 AM

drugged coordinator
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QUOTE(axisresidence17 @ Aug 24 2016, 11:52 PM)
Hi guys, Im wondering say you bought a property on 1.1.2010 and sell it on 2.1.2015, is this beyond five years already or still within five years?
*
a simply calculation would be obvious:-

2010
2011 - 1
2012 - 2
2013 - 3
2014 - 4
2015 - 5
shaniandras2787
post Aug 26 2016, 09:32 AM

drugged coordinator
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Senior Member
2,309 posts

Joined: Apr 2011
» Click to show Spoiler - click again to hide... «


look up the Statutory Interpretation Act on days. The day of event happening is excluded. So, let's say if you bought a property on 1/01/2016 then the first day of ownership will be on 2/01/2016.

 

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