Newbie2 replied to the topic capital gains tax in the forum General Property 19 years, 6 months ago
I’ve just joined this forum, so greetings to everyone.
I’m slowly starting to understand how capital gains tax is calculated. The ATO website is of very little help, let me tell you.
I understand that to get the 50% discount, you have to have held the property for 12 months & 1 day from date of contract. So I assume this means 12 months & 1…[Read more]