Australia Explained

Everything you need to know when settling into life in Australia. Hear helpful information about health, housing, jobs, visas and citizenship, Australian laws and more.

https://www.sbs.com.au/language/english/en/podcast/australia-explained

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


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


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 September 19, 2023  10m