by Camden Professionals | Nov 15, 2023 | Capital Gains Tax (CGT), Property Investment
Discovering how to avoid capital gains tax when selling your investment property can save you thousands of dollars. Yet so many first-time property investors continue to be overwhelmed at the thought of potentially paying capital gains tax on the hard-earned growth of...
by Camden Professionals | Oct 19, 2023 | Capital Gains Tax (CGT), Small Business, Small Business Tips
The small business CGT concessions allow you to reduce, disregard or defer some or all capital gain from an active asset used in a small business. The 4 small business CGT concessions include the: small business 15-year exemption small business 50% active asset...
by Camden Professionals | Oct 18, 2023 | Capital Gains Tax (CGT), Small Business, Small Business Tips
Did you find working from home during COVID-19 lockdown to be a success? Are you considering giving up your leased commercial business premises to instead run your business from home? This choice may result in the Australian Taxation Office taking a slice of the...
by Camden Professionals | Mar 15, 2023 | Capital Gains Tax (CGT), Property Investment, Property Investment Tips
Property values, as history demonstrates always increase over time. Indeed, through all financial crises and economic difficulties Australia has faced. The one thing constant that has continued to yield returns is property investment. If you’re not investing in...
by Camden Professionals | Feb 16, 2023 | Capital Gains Tax (CGT), Property Investment, Property Tax
A granny flat arrangement is a written agreement that gives an eligible person the right to occupy a property for life. Ordinarily, an arrangement like this may trigger CGT because it is the creation of a contractual or other right (CGT Event D1). From 1 July 2021,...
by Camden Professionals | Sep 29, 2022 | Capital Gains Tax (CGT), Small Business, Small Business Tips
The small business capital gains tax (CGT) concessions allow you to reduce, disregard or defer some or all of a capital gain from an active asset used in a small business. The concessions are available when you dispose of an active asset and meet eligibility...
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