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On the worksheet, the 20% gains tax does not seem to allow all the costs against the gain?

April 26, 2017costs gain gains tax worksheet

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On the worksheet, the 20% gains tax does not seem to allow all the costs against the gain?

1 Answer

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The worksheet is prepared for estimation purpose, and certain taxes and fees during purchase stage can be deducted from gain, it is too early to go to that detail, so the 20% gains tax you see on the worksheet is the maximum figure.