Capital Gains Tax
CGT discount rules, calculation methods, exemptions and strategies to legally reduce capital gains tax on Australian investment property.
6 expert articles in this category, written by Koste's Chartered Quantity Surveyors.
What is a CGT Option Contract?
A CGT option contract is a financial arrangement allowing the holder to buy or sell an asset at a predetermined price before a set date. In …
Understanding CGT Withholding for Foreign Investors
CGT withholding for foreign investors requires buyers of taxable Australian property to withhold a portion of the purchase price and remit i…
How Does GST Affect CGT on Property Sales?
GST generally does not apply to residential property sales, but it can affect commercial properties and development sites. For CGT, GST is e…
How Does CGT Work for Properties Held in a Trust?
Capital Gains Tax (CGT) for properties held in a trust depends on the type of trust and how income is distributed. Trusts do not pay CGT dir…
What is Depreciation Recapture and How Does It Affect My CGT?
Depreciation recapture is the process of adding back claimed depreciation to the property's cost base when calculating Capital Gains Tax (CG…
What Renovation Costs Can I Add to My Cost Base?
In Australia, renovation costs that improve or extend the property's value can be added to your cost base for CGT purposes. This includes st…
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