Unit1 3

这是一篇关于Unit1 3的思维导图。包含acquisition for、stamp等内容。

Unit1+3

• Stamp duty
  • Heads 1(1)
    • Fixed duty (conveyance on sale)
      • $100
    • AVD
      • Residential
        • Part1 of Scale1: 15%
        • Exception
      • Non-residential
        • Part2 of scale2: 2016/11/05-2020/11/25
        • Scale2: 2020/11/26
      • calculation
    • SSD
      • 24/36月内再次转卖
    • Swap
  • Heads 2(2)
    • Contingency Principle
      • Stamp duty is charged on the maximum amount os the ascertainable consideration
      • 不确定部分不计算
  • Group relief
    • transfer to HK immovable property between associated bodies corporate(90%) is exempt from stamp duty
• Acquisition for leasing
  • Individual
    • Mortgage interest
      • could be deducted if elected for PA (limited to net assessable value)
    • Other expenses: renovation expenses, utilities, management fees
      • not tax deductible
  • Company
    • Interest expense
      • deductible under section 16(1)(a)
    • Renovation expenses
      • commercial building allowance at 4% per annum
    • Utilities, management fees
      • tax deductible as expenses