Capital Gains Tax
Capital Gains Tax (CGT) is very complex piece of tax legislation. CGT planning require through analysis of your personal circumstances. At Tax Knights we have expertise and analytical skills to assist you with tedious CGT calculations. We plan ahead for future CGT events so that your tax position is optimised.
Capital Gains Tax
A capital gain is an increase in an asset’s value over time. When you sell (or dispose of) an asset you may be liable to pay Capital Gains Tax (CGT) on any gain made. The net amount of the capital gain is included as part of your assessable income and is taxed at your marginal rates. Often the outlay and gain involved in assets subject to Capital Gains Tax are significant. A well-drafted careful plan is required for current and future CGT events.
Capital Gains Tax is payable on following assets
- Sale Land and Real Property
- Sale or Restructure Business
- Sale of Shares and Investments
Our services include
- Information analysis
- Application of CGT rollover and reliefs
- Minimise CGT tax
- Foresight potential CGT issue
- Capital Gains Tax – planning and strategy