Finders Fee - Offset Against Tax?
Erico Rocha (PRO Member) Finders Fee - Offset Against Tax?
Posted: Jan 2 07 14:40
Total Posts: 15
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Hi, One question that all should be interested in...

Can I offset the money paid for the PS finders fee against income tax or capital gains tax?

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Andrew Crompton (PRO Member) Against CGT?
Posted: Jan 3 07 12:13
Total Posts: 2
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Erico, I'd have thought you could offset against CGT when you sell, as this is part of the setup cost of the deal, as are the legal fees, bank fees, currency transfer fees, TRP fees & etc. Not sure about furniture, I think you can depreciate that against income tax or put it against CGT, but not both. Rgds, Andrew

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