What is Capital Gains Tax and who needs to pay it?

Australia Explained
19/09/2023 10 min
What is Capital Gains Tax and who needs to pay it?

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Episode Synopsis

Capital Gains Tax (CGT) is an important tax liability added to your taxable income for the financial year. It is not a separate tax. to understand what it is and how the Australian Taxation Office (ATO) enforces it.

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