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Can I claim tax against amounts spent on my building of my home?

Posted 10 July 2014

I would like to know if a person can claim tax against the amount they spend on building a house?

TaxTim Marc said:
10 July 2014 at 18:50

No, the cost of the house will be included in the base price when you sell the house and therefore reduce your capital gains tax on sale.

This entry was posted in Tax Q&A and tagged Capital Gains, Deductions. Bookmark the permalink.

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Can I claim tax against amounts spent on my building of my home?

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