07 April 2022
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Yes, you’re required to pay tax for allocated property income. This would amount to the number of days the property was in your name without being rented out, up until the date it was sold. Regardless of any other taxes that you’ll have to submit, such as those related to the sale itself.
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I want to startIt's normal to not be aware of everything you can claim. The same can be said regarding the protection of your interests. You can find out in under 99 seconds by answering a few simple questions