A capital gain or (loss) happens when you sell an asset, such as shares or real estate. Basically, if you sell an asset for more than you purchased it, you pay tax on this gain. This is known as capital gains tax (CGT).
CGT law becomes more complex with the more assets you own. When you sell those assets, you need an experienced team to help you find concessions that may save money.
From possible exemptions, concessions or rollovers which may help reduce your liability, to restructuring of asset holdings, we’re here to provide you with the comprehensive advice and guidance you need to get on top of capital gains tax.
Have you sold an asset? Come see us today to discuss your options.