Jul 10 2015, 03:41 PM
QUOTE(jason1986 @ Jul 4 2015, 08:56 AM)
Normally 2% booking fee paid will be held by the agency n balance 8% to be paid to the seller upon signing of the SPA. That 2% paid to the agency = the agents commission lahhh.
No income tax for disposal of property. If u make money from the disposal, it is = gains. Not income. Rental income will be subject to income tax. Gains subject to rpgt.
Hi Jason,No income tax for disposal of property. If u make money from the disposal, it is = gains. Not income. Rental income will be subject to income tax. Gains subject to rpgt.
When property agent can claim the 2% commission from seller? is it After both parties has signed the spa OR After all process is done and vacant possession is passed to the buyer?
This post has been edited by propusers: Jul 10 2015, 03:41 PM
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