Since the introduction of capital gains tax in September 1985 if you inherit a dwelling or other property and later sell or otherwise dispose of it, capital gains tax may apply to either the deceased estate or yourself as beneficiary.
Month: July 2017
Property Inheritance – CGT Implications%3$s>
UPDATE – Withholding tax on property sales%3$s>
Last year we wrote an article detailing the new withholding tax introduced for properties sold to foreign residents. For any property sold for more than $2 million after 1 July 2016, the purchaser had an obligation to withhold 10% of the sale price.
How redraw works and why it’s a handy loan feature%3$s>
It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why:
Global political risks one year on from Brexit – what have we learned?%3$s>
Leave Campaign wins the Referendum. It's now 12 months since the British voted to leave the European Union, an event that some saw as setting off a domino effect of other European countries looking to do the same.