Capital gains tax (CGT) is payable when you sell an asset that has increased in value since you bought it. The rate varies based on several factors, such as your income and size of gain. For residential property, it maybe 18% or 28% of the gain (not the total sale price).
Tag Archives: Capital Gains
Do you know what state your business is in? We mean, is everything running as it should? Is your business in the sort of health you want it to be? Could it run the proverbial marathon or would it give up after 5 miles?