Taxation Services, Tax Accountants, Tax Services
Capital gains tax (CGT) is a tax on any gains made on the sale or gifting of assets. This is not a separate tax, but forms part of your regular income tax. Small businesses may be able to claim certain capital gains concessions that reduces or even eliminates any taxable capital gain on the sale of active assets. Partnering with us when making decisions on the sale of assets may save you thousands in Capital Gains Tax.
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