Do Retirees Pay Capital Gains Tax in Australia?

retiree taxes

Retiring to Australia’s sunny shores may seem like a dream come true, but understanding the tax implications is a must before packing your bags.  Capital gains tax (CGT) is one tax that catches many retirees off guard. You may be envisioning lazy days spent beachcombing, not worrying about asset sales and tax returns. However, Australia’s […]

How To (Legally) Minimise Capital Gains Tax on Investment Property?

capital gains tax property 6 year rule

Many Australians enter the property market with the expectation that property prices will rise. This means that you make a healthy amount of money, which is great – until capital gains tax comes into play. Capital gains tax (CGT) is the contribution of the profit you’ve made to the Australian Taxation Office (ATO). Unfortunately, tax […]