Capital Gains based on actual purchase price and price on Deed due to exchange rate

By Marc Sevitz · Updated

Bought property for R1500000. By time exchange rate had changed paid R1900000 for it. Could difference in actual price be offset against Capital Gains
TaxTim Marc

TaxTim Marc said:
1 November 2014 at 11:36

What is the price on the deed?
Lilian

Lilian said:
1 November 2014 at 13:57

Actual price on Deed is R1 528 000
TaxTim Marc

TaxTim Marc said:
2 November 2014 at 12:50

You can increase the base cost to be the amount spent on the purchase.
Salary / IRP5
Capital Gains
Rental Income