WebEvery few years proposals are made about significant taxation reform on discretionary trusts (commonly referred to as ‘family trusts’). From the entity tax proposal of the early 2000’s, … WebJan 20, 2024 · Up to 8 May 2012, any resident or non-resident individual that held a property-rich CGT asset (e.g. an investment property) for at least 12 months before selling the asset, could qualify for a 50% CGT discount on any capital gain made on the sale of such an asset (i.e. only pay tax at the individual’s marginal tax rate on half the capital gain).

The Ultimate Guide on Capital Gains Tax for Property …

WebApr 4, 2024 · CGT indexation utilises a method similar to this. The indexation method, in particular, increases the purchase costs by using an indexation to factor in the inflation between the date you purchased your … http://cgtcalc.com/ increased flatulnce when eliminating gluten

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WebMay 8, 2012 · All Worksheets in alphabetical order. Capital gains worksheet (g) Non-Residents No CGT discount after 8 May 2012. Although the Government removed the 50% discount for foreign resident individuals on discount capital gains accrued after 8 May 2012, the full CGT discount of 50% is available for capital gains accrued up until that time. Webany other CGT event1 using the indexation method2, the discount method3 and/or the ‘other’ method. It also helps you calculate a capital loss. CGT asset type or CGT event Shares and units (in unit trusts) Forestry managed investment scheme interest Collectables5 Real estate Other CGT assets and any other CGT events4 increased fev1/fvc