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Mr . Lam owns a property in Ma Tau Chung. He let the property to Mr . Gomez on a five year lease term starting
Mr Lam owns a property in Ma Tau Chung. He let the property to Mr Gomez on a five year lease term starting April
The terms were as follows:
Monthly rental: $ payable at the first day of each month.
Lump sum premium: $ payable on April
Mr Lam paid the following expenses in relation to the property during :
Mortgage interest for the year of $
Quarterly rates of $
Calculate Mr Lam's property tax due for the year of assessment.
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