Stressed about capital gains tax in Australia? Here’s the GOOD NEWS. The ATO offers a CGT main residence exemption if you meet these criteria: 1️⃣ Your property is your main residence for the ownership period. 2️⃣ It’s on your electoral roll and driver’s license. 3️⃣ You receive mail there and keep your stuff there. 4️⃣ The utilities are in your name. If you meet these four conditions, you’re eligible for the exemption—no need to stress about capital gains tax. Contact us to learn more. #propert

How could capital gains tax increases impact Canadian small businesses? | Power & Politics

HOT TOPIC ALERT! 🚨 Capital Gains TaxCapital Gains tax is tax you owe on the profit you make on the sale of an investment or an asset. That includes real estate! There are 3 primary ways that you can lessen, defer, or even eliminate the tax you owe on the sale of a home: 1. If it was your primary residence for two of the last five years, you are exempt from the first $250,000 of profit if you're filing single or $500,000 if you're filing jointly. 2. If the property is an investment property, you

Who’s telling the truth about the capital gains tax? | About That

Capital Gains Tax: What It Is, How It Works, and Current Rates