New residential property or holiday home in 2016

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If you acquired a new residential property or holiday home and had the transfer registered during 2016, you may see an error message when you click “Send” to submit your tax return.

In order to continue submitting the process of your tax return, you must acknowledge the error messages. You do this by clicking on the error message. You will then be taken to item 2.8/4.3.

Then open the item. If the residential property/holiday home was not received through inheritance or as a gift, you must change the pre-completed “Yes” to “No” in the option in the dropdown list to the question “Was the property received either as inheritance or as a gift during the income year?”.

If the residential property/holiday home was received through inheritance or as a give during 2016, leave the option as “Yes” and state the input value and date, and state how the input value was calculated (select from the dropdown list).

Then click the “OK” button and your tax return can now be checked OK. 

Contact us on telephone 800 80 000 if you would like more information or help to submit your tax return.

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