Category Investments

Understanding Deemed Disposal: Australia’s Exit Capital Gains Tax

In this blog post, we will explore what deemed disposal means, its implications on capital gains tax (CGT), and how it affects individuals ceasing their Australian tax residency. We’ll also discuss the pros and cons of deemed disposal and offer guidance on navigating this complex area of taxation. Please watch our video on this topic to learn more.

Foreign Resident Capital Gains Withholding

If you are selling your property valued at more than $750k AUD and/or are a foreign resident for tax purposes – it’s essential to prepare a clearance certificate under the foreign resident capital gains withholding rules.

Capital Gains Tax Australia

Capital Gains Tax in Australia is a tax you pay on profits from selling assets, such as property, cryptocurrencies and shares. These could be assets that you have purchased or inherited.