Goverment Tax Amnesty

Steve1953



Joined: 04/12/2008
Posts: 298

Message Posted:
20/01/2009 12:54

I have just learnt that the TRNC govt. have reduced the tax for property completions due for three months. I welcome members views on their experiences on these proposals. regards,Steve

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
20/01/2009 13:03

There seems to be a lot of these type of 'reductions' lately. There was one recently about a 75% on the Transfer Tax.



Do you think the government are trying to get as much money in as possible before the talks have concluded?

PIPIE


Joined: 05/01/2008
Posts: 5499

Message Posted:
20/01/2009 13:21

Up to date info on this on the Homebuyers pressure group website .

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
20/01/2009 17:23

Hi see http://www.hbpg-trnc.net/documents/tax_transfer.html



This is for transfer tax, which means that you must have your PTP and the kocans must be ready to transfer and the land owner willing to transfer to qualify for this reduction.

sassycypgirl


Joined: 26/08/2008
Posts: 99

Message Posted:
21/01/2009 06:36

i paid my taxes 23rd December. Oh well missed out again. More money

paid to the government.



At least I will have my Kochan in 6 weeks.



Sassy

tonykyte


Joined: 19/04/2008
Posts: 270

Message Posted:
22/01/2009 09:27

Our builder took advantage yesterday to pay the taxes he was due to pay although we do not have the certificate of completion or permission to buy.

Does anyone know if we can pay the taxes due on transfer of title at the lower rate now and take the risk we will get permission ?

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
22/01/2009 12:50

Tonykyte - sadly you can only pay the transfer tax at time of transfer of the deeds so if you don't have your PTP you won't be able to take advantage of this.