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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 TaxTim says:
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.

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