What deductions are allowable against the proceeds for CGT calculation?

By Nicci Courtney-Clarke · Updated

Lungile

Lungile said:
5 March 2016 at 23:52

I need to use the 20% of proceeds method to do my CGT calculation. What are the allowable deductions that I can deduct from the proceeds?
TaxTim Nicci

TaxTim Nicci said:
6 March 2016 at 18:09

You would be able to deduct any selling costs related to the sale of the property.