Australia’s capital gains tax (CGT) discount is under formal government review because of its growing fiscal cost and its role in shaping housing affordability, wealth distribution, and investment behaviour. Evidence from Treasury, the Australian Taxation Office, and Parliament shows the concession delivers large benefits to high‑income households while influencing broader social and economic outcomes. What… Continue reading Australia’s capital gains tax (CGT) discount is under formal government review
Capital Gains Tax
Capital Gains Tax (CGT) is a tax on the profit you make when you sell or dispose of an asset that has increased in value. The gain you make from selling certain assets is added to your assessible income, and tax applied at your marginal rate. Understanding CGT is crucial for anyone investing, selling property,… Continue reading Capital Gains Tax