Search Results | Showing 1 - 10 of 104 results for "CGT" |
| | ... invest in cryptocurrency. Investors must remember that cryptocurrencies, like shares, can give rise to capital gains tax (CGT) on profits, he said, adding they can be taxed on their profits as business income. Cryptocurrencies include coins, tokens ... |
| | | ... Also, the average benefit from superannuation earnings stood at $1140 for men and $760 for women. Regarding capital gains tax (CGT) discount for individuals and trusts, Treasury insights yet again indicate a trend favouring higher-income individuals. ... |
| | | ... investment schemes. "Outside of a successor fund transfer (SFT), whereby a whole superannuation fund is transferred to another, and CGT relief applies for all members, there is no existing, viable mechanism that enables trustees of super funds and managed ... |
| | | ... clarification from their adviser," he said. Furthermore, the test will apply to closed investments on theses platforms. Because of CGT payable upon realisation, it may not be in the member's best financial interest to move out of the investment ... |
| | | ... 360 product manager Andrew Paszko added the investment solution is in a "class of its own." "Offering investment reporting, CGT tracking, shareholder register, dividend payment, full set of financials, accounting work papers and now electronic lodgment ... |
| | | ... platforms should be introduced to simplify GST in e-commerce; implementing Board of Taxation recommendations on small business CGT concessions; and CA ANZ wants to see draft legislation to fix the 'Backpacker Tax' and announce new arrangements for working ... |
| | | ... one currency is exchanged for another; if it is traded, sold or gifted; and if it has been converted to Australian dollars. CGT also applies to the disposal of non-fungible tokens. The ATO recommends investors keep records of transactions associated ... |
| | | ... financial abuse. The legislation follows the budget announcement that the government would provide a targeted capital gains tax (CGT) exemption for formal granny flat arrangements. Assistant treasurer Michael Sukkar under the measure CGT will not apply ... |
| | | ... super tax concessions, 72% flow onto men and for every dollar of super tax concession going to women, men get $2.52 and for CGT 61% of the discount flows to men, getting $1.54 for every dollar going to women. The statistics are similar for excess franking ... |
| | | ... Instead, they are taxed at maximum 30%. Transferring ownership of an investment bond, for example to children, is also a non-CGT event. Investors can also withdraw their funds at any time. Further, they are treated as non-estate assets (under the Insurance ... |
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