Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 RPGT for property disposed >1year, Can it be 0% if no profit made???

views
     
JoiceChow
post Mar 12 2014, 05:38 PM

New Member
*
Junior Member
6 posts

Joined: Sep 2013
QUOTE(Dino168 @ Mar 12 2014, 05:27 PM)
Expenses includes property agent commission, property developer administrative charges and lawyers fees ... cry.gif
*
RPGT calculate based on your net profit of the amount you earn to tax it.
It's can after deducted lawyer fees, agent commission, only calculate your tax amount.


REAL PROPERTY GAINS TAX FOR 2014 Tax Rates
Personal (citizen & PR) Company
Disposed within 3 years 30% 30%
Disposed in 4th year 20% 20%
Disposed in 5th year 15% 15%
Disposed after 5 years 0% 5%

For non-citizen, disposal within 5 years is subject to a flat RPGT of 30%. Disposal after 5 years, RPGT is at 5%.

If you want to skip for RPGT, the only thing u can do is hold your house until 5 year.

 

Change to:
| Lo-Fi Version
0.0135sec    0.41    7 queries    GZIP Disabled
Time is now: 14th December 2025 - 10:17 PM