John Clark

Decision released 2 May 2006

Capital gains tax – purchase of plot held for some years – subsequent construction of only or main residence – later disposals of two plots – what deductions allowable – extent of ‘permitted area’ – whether period of ownership began with construction of residence or acquisition of land – whether apportionment necessary – details submitted on Forms R40 and SA108 – whether ‘returns’ – whether enquiry properly commenced – whether assessments valid – whether enquiry for following year valid

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.