Capital gains tax (CGT) is the tax you pay on profits from selling assets, such as property.
Besides real estate property, Capital gains tax (CGT) applies to investments in shares in a company, units in a managed fund or other unit trust, and similar products.
In most cases, long-term investment is entitled to gain more tax concession however short-term stock trade occurred high frequently in 2020.
Capital gains tax can be planned for your portfolio. It is important that you come to us BEFORE you deal with your assets. We can advise you to use various tax vehicle when purpose and choose the right timing when dispose. Talk to us now to plan more and gain more, with less tax paid.