QUOTE(administrators @ Jul 26 2015, 09:22 AM)
i bought a property in year 2010, signed the S&P in October 2010, VP by early January 2011
is the following calculation correct?
First year - 30% - Oct 2010 to Sep 2011
Second year - 30% - Oct 2011 to Sep 2012
Third year - 30% - Oct 2012 to Sep 2013
Forth year - 20% - Oct 2013 to Sep 2014
Fifth year - 15% - Oct 2014 to Sep 2015
which means if I sell my house by October 2015 onwards I don't have to pay any RPGT?
any sifu please advise... thanks!
Yes after 5th year you're not subject to RPGT anymore.is the following calculation correct?
First year - 30% - Oct 2010 to Sep 2011
Second year - 30% - Oct 2011 to Sep 2012
Third year - 30% - Oct 2012 to Sep 2013
Forth year - 20% - Oct 2013 to Sep 2014
Fifth year - 15% - Oct 2014 to Sep 2015
which means if I sell my house by October 2015 onwards I don't have to pay any RPGT?
any sifu please advise... thanks!
Jul 26 2015, 09:11 PM

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