cgt
38 results tagged cgt:
The big tax guide to flipping houses
It's the dream of everyone who watches property makeover shows on TV: give up the day job to renovate and flip houses. But what are the tax implications?
Shock tax bills could catch out Aussie expats coming home
Expats who have been living and working abroad for even a short time could have hefty tax bills waiting for them on their return to Australia.
Why granny flats could soon mean a huge tax break
Some of Australia's most vulnerable have been given a leg-up this Budget with capital gains tax set to be scrapped for granny flats.
What the July 1 changes will mean for your hip pocket
Minimum wage is up, some car registration fees are down, open banking is here, and free childcare is out. Welcome to July 1.
Expats sweat as main residence CGT cut-off looms
Already facing a rapidly approaching deadline signaling the end of exemptions from capital gains tax, expats now face further challenges in selling their former family homes, with only COVID-19 to blame.
Ask Paul: Our son lived in his house then rented it out, does he owe CGT?
Maryke's son bought a house in Australia and lived in it for 12 years before renting it out while he worked overseas as a missionary. Is he exempt from capital gains tax?
Ask Paul: Sell properties to fund retirement or keep them as rentals?
Maree and her partner own three investment properties to help fund their retirement. Are they better off selling and putting the money into super, or continuing to rent them out?
Aussie expats could be slugged with tax bills after exemption changes
Aussie expats will be stripped of their tax exemption for a main residence after Australian Senate voted yesterday to pass the Treasury Laws Amendment Bill 2019.
