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Capital gains tax calculator
Note: if you inherited your property and the previous owner purchased it before 01/01/1980, then you must enter the price as seen on your Certificate of Title. Alternatively, if it was purchased by the previous owner after 01/01/1980, enter the price they paid for it.
Note: if you inherited your property you must consider when the previous owner purchased the property.
If your property was purchased after 01/01/1980 by the previous owner, you must choose the date when they purchased it. If your property was purchased before 01/01/1980, then you should simply enter 01/01/1980.
Deductions:
Note: if your property has more than one owner, each owner is also entitled to use their allowance.
Disclaimer
The above calculations are only indicative and are provided by City Living Real Estate as a courtesy. City Living Real Estate disclaims any responsibility as to the accuracy of these calculations and will not be held responsible for any ommissions or errors. All clients must consult the appropriate Tax Authority prior to any transaction or entering into any legal agreement.