Purchase Tax

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Old Jan 24th 2018, 6:55 pm
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Default Purchase Tax

We have just received our tax bill connected to the purchase of our property.

I have been through it & with my friend Google translate, believe we have 15 days to pay it?
We would be grateful if anyone can shed some light on this, does that mean from the date of the letter, or today's date when I signed for it with the post man?
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Old Jan 25th 2018, 6:55 am
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Default Re: Purchase Tax

Deadlines are always from the date you signed for the letter and reply deadlines at the date of posting.
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Old Jan 25th 2018, 9:48 am
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Default Re: Purchase Tax

How much is purchase tax?
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Old Jan 25th 2018, 4:08 pm
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Default Re: Purchase Tax

Originally Posted by FenTiger
How much is purchase tax?
4%, well it was a few years ago.
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Old Jan 25th 2018, 4:21 pm
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Default Re: Purchase Tax

Originally Posted by Expatrick
4%, well it was a few years ago.
Correct.
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Old Jan 25th 2018, 5:04 pm
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Default Re: Purchase Tax

Yes 4% is correct but as it is in joint names both of us have to pay 4% each !!!
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Old Jan 25th 2018, 6:08 pm
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Default Re: Purchase Tax

It's 4% of the value of the house.
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Old Jan 26th 2018, 6:51 am
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Default Re: Purchase Tax

.
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Old Jan 26th 2018, 8:21 am
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Default Re: Purchase Tax

The total liability is 4% of the value of the House. Our flat is 50/50 jointly owned also, so on paper I owed 2% & my wife 2%. The Govt. doesn't care how you arrange it just so long as they receive their 4% - so in time honoured fashion I paid the lot!

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Old Jan 26th 2018, 8:38 am
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Default Re: Purchase Tax

Originally Posted by Expatrick
The total liability is 4% of the value of the House. Our flat is 50/50 jointly owned also, so on paper I owed 2% & my wife 2%. The Govt. doesn't care how you arrange it just so long as they receive their 4% - so in time honoured fashion I paid the lot!
The English term would be 'jointly and severely'
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Old Jan 26th 2018, 8:40 am
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Default Re: Purchase Tax

Originally Posted by Peter_in_Hungary
The English term would be 'jointly and severely'
Or even severally!
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Old Jan 26th 2018, 11:06 pm
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Default Re: Purchase Tax

Must translate some more of it as it does say 4% on each letter but the amount would be about right Need to pay on Tuesday.
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Old Jan 27th 2018, 8:09 am
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Default Re: Purchase Tax

Originally Posted by GMC girl
Must translate some more of it as it does say 4% on each letter but the amount would be about right Need to pay on Tuesday.
As Peter said, the 2 of you, jointly & severally, owe 4% - that's what you pay on Tuesday.
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Old Jan 29th 2018, 8:58 am
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Default Re: Purchase Tax

Thanks Peter, I did think it would be something like that so I will break with time honoured tradition & I will pay the lot..
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