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Capital Gains Tax on Inherited Property in Australia | Featured Image

10 Steps to Mitigate Capital Gains Tax on Inherited Property in Australia

As most know, Capital Gains Tax (CGT) in Australia is a form of taxation that applies to the profit made on the sale of an investment property.

There are certain exemptions and concessions available, such as the 50% discount on capital gains for properties held for more than 12 months, which effectively reduces the taxable amount for long-term investments.

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