Contact us

Thanks for your submission! We will be in touch shortly.
Oops! Something went wrong while submitting the form.

Capital Gains Tax

Calculate CGT consequences on disposals of assets such as rental property, shares and digital assets.

Customers rate us 5.0 stars
Quickbooks CertificationXero PartnerCPA Certification
Book an appointment
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Who we work with

The importance of getting capital gains tax right

Capital gains tax (CGT) is a tax on the profit you make when you sell an asset that has increased in value. It applies to both personal assets and business assets, and the tax is calculated on the difference between the asset's purchase price (also known as the "cost base") and its selling price.

There are some exemptions and concessions available for certain types of assets, such as the main residence exemption.

Because capital gains tax is applied when selling assets there is often a high amount of leverage involved which means the gains can be sizeable.

Being accutely aware of capital gains discounts, exemptions and small business concessions can save you untold amounts of money when it comes tax time.

Why choose CTK Accounting when it comes to Capital Gains Tax

CTK Accounting proactively keeps up to date with advancements in tax law such as tax rulings and emergency tax relief.

Keeping our finger on the pulse when it comes to capital gains tax exemptions and concessions saves our clients untold thousands of dollars each year.

We can guide you through the process of calculating your capital gains tax for all kinds of asset sales such as:

  • Main residence
  • Investment properties
  • Shares
  • Cryptocurrency
  • Business

Related content

You've got questions and we've got answers, check out our articles on Capital Gains Tax

Can I claim small business CGT concessions when I sell shares?

CGT concessions that can potentially be applied to your share sale

How to reduce CGT for small businesses

What are Small Business Capital Gain Tax Concessions?

How to pay no capital gains tax when selling your rental property

How to pay NO CGT when disposing of your rental property?

How can I reduce my taxes for the 2023 financial year?

The first thing you should absolutely avoid, is playing silly buggers with areas of taxation that the ATO is knowingly targeting.
"CTK Accounting has been instrumental in setting up my business structure and accounting systems for my franchise. Their ongoing support has been fantastic and has allowed me the time to grow my business."

William Koon

Franchise owner, Crust Pizza

"Christian’s services have been second to none! He has been a vital part of our new company being set up and has not let us down since. We would give him more stars in the review if we could! Thanks CTK Accounting for all your help!"

Ed Bennet

Director, A1 Metal Roofing Pty Ltd.

FAQs

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Still have questions?

Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Quickbooks CertificationXero PartnerCPA Certification
© 2022 CTK Accounting. All right reserved.

Liability limited by a scheme approved under Professional Standards Legislation.