Page 28 - P6 Slide - Taxation - Lecture Day 1

Included in base cost – par 20

• Cost to acquire/create

• Valuation cost (if valued for CGT purposes)

• Cost iro acquisition/disposal:

• Surveyor/valuer/agent/auctioneer, etc.

• Transfer costs

• Advertising costs

• Sales commission

• Moving costs

• Installation costs (incl. foundation and supporting

structures)

• Portion of donations tax (Par 22) payable (see next slide)o

• Cost to establish, maintain or defend legal title to asset (even

if unsuccessful)

• Improvement (if still there at disposal)