capital gains tax

This week the Property Poser panel deals with a question from a reader regarding the timing of the payment of Capital Gains Tax when it comes to the sale of an immovable property. The reader's case is a little unusual as he explains that the sale in question is an instalment sale over a period of 48 months, which obviously spans more than one tax year. To begin, it is useful to consider briefly the mechanics of a sale of an immovable property in instalments, says Stiaan Jonker of Smith … [Read more...] about Capital gains tax timing on property