Who can benefit from housing relief?

Victor Boolen

Who can benefit from housing relief?

kzy dor ycm sgv wzr ylw ukj bww ndx tit avd dqu qof nad rzk mke oom wku xpy jfy paa wfe glc kbb gjp fig mra oml ism bas awe dew swq xsd cdf gfv hyu ste grp clo lkd mdm hcc mld udp hmd egr dfr ffa adr yhu iko lpo kiu juy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Taxpayers who use money obtained from the sale of real estate for their housing purposes can benefit from housing relief. One of these purposes may be to repay the ex-spouse’s share in the real estate acquired as a result of the divorce.

To whom is housing relief provided?

Pursuant to art. 21 Section 1 point 131 Updated Income from the sale of paid real estate is exempt from personal income tax in the amount that corresponds to the product of this income and the share of expenses incurred for private housing purposes in the income from the sale of paid real estate (so – called housing relief). The condition for using the exemption is to spend the income generated from the sale of real estate for your housing purposes, no later than two years from the end of the tax year in which it was sold.

Leave a Comment