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Capital Gains Tax: What It Is and When You'll Pay It

Capital gains tax catches a lot of Australians off guard โ€” especially first-time investors and property sellers. This guide explains exactly how it works, when it applies, how to reduce it legally, and what you need to tell the ATO.

โฑ 20 min read
๐Ÿ“ˆ Investing & Tax
๐Ÿงพ ATO compliance
Step 01

What Capital Gains Tax Actually Is

Capital Gains Tax (CGT) is not a separate tax in Australia โ€” it's part of your income tax. When you sell an asset for more than you paid for it, the profit (the capital gain) gets โ€ฆ

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