Forum Replies Created
Me too. LOL. Pinky, always good for a laugh! I need to get a life – too much time spent sitting in front of a computer bursting out laughing – and then trying to explain to my Mum what is funny!
][]Cheers
Mel
So it looks like the couple actualy made a loss cause the stamp duty and CGT is 5% of the sale price Isnt it?? (which is more than the profit they made)Hi Glenn
The CGT is calculated based on selling price – purchase price (+ cost of renovations). It is then added to your taxable income. Depending on how long you have held it affects tax rates too.
Cheers
MelOk. I’ve just looked at the example now![
] The couple will be taxed on their profit of $11768, so at most they would lose $5589.80 of their hard earned profit to be left with only $6178.20.Amit, it’s your site!! No Paul, I think I’ll let Huey tell me if you’re a good catch first[
][]I still can’t get your website to work. I did with acnielsen one, but I can’t remember the address. Get the other one to work for me and I’ll think about it.[
]Cheers
Melhahahahahahahahahahahahahaha [
][][][] hahahahahahahahahahahahahahaha[]Bill, if LuckyPhil has that much control over flights he should be a good one to know – I’m talking about discounts and even better – freeeeebies!!!
Huey, I’ll teach you to drive no problems.
Cheers
MelEvil Arty and Poltergeist.[
][]Moderators – too much power has been given to the wrong people.[}
][][:0)]Cheers
MelSimon, you can actually purchase another home to live in. You just have to decide which one you class as your PPOR and therefore CGT exempt. I’ve stated in another posting that you do not even have to make this decision until you sell, and you can work it out based on which option is best then!![
]Cheers
MelI think it’s Poltergeists shorthand for important. Although he himself sounds like a little imp[
]Cheers
MelHey guys
I just thought that I would let you all know – especially LuckyPhil for he told me how much he loves Fishy – that I got the grand total of 88520, and it told me that I had eaten all the fish in the pond, and destroyed the entire ecosystem.[
]Fish was too big to fit on the screen by the end.[}
][] I think I’m cured now[:0)]. It’s been, what, 12 days since Pinky first posted the link.Cheers
Mel
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] The couple will be taxed on their profit of $11768, so at most they would lose $5589.80 of their hard earned profit to be left with only $6178.20.
]
]
][:0)]
] I think I’m cured now[:0)]. It’s been, what, 12 days since Pinky first posted the link.
