Friday,
22 November 2024
Capital gains tax also in the crosshairs

THE Australian Tax Office (ATO) is reminding taxpayers to declare their capital gains and to keep good records if renting out part of their property to ensure they are meeting their tax obligations.

Capital gains tax (CGT) comes into effect when you dispose of assets such as shares, crypto, managed investments or properties.

To ensure you are meeting your obligations and paying the right amount o...

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