Search Results | Showing 1 - 10 of 109 results for "CGT" |
| | ... circumstances" where funds are unable to adjust holding structures for investments without crystalising capital gains tax (CGT) events. "Crystallisation of a CGT event often acts as a deterrent to holding assets in the most effective way for members ... |
| | | ... consumers from legacy investment products to modern ones. The introduction of a product modernisation mechanism that provides CGT rollover relief and ensures the continuation of social benefit entitlements is another suggestion. This enables the closure ... |
| | | ... bracing for a spike in Australians claiming investment tax breaks. The statement flagged those claiming capital gains tax (CGT) breaks in the 2024-25 year will account for a revenue loss of $22.7 billion - up from $9.2 billion in the prior year. Overwhelmingly ... |
| | | ... cultural heritage and foreign investment," Chalmers said. The government will strengthen the foreign resident capital gains tax (CGT) regime to ensure foreign residents pay their "fair share" of tax in Australia and to provide greater certainty about ... |
| | | ... business owners who are trustees will also see changes when submitting their tax return. The ATO will add four capital gains tax (CGT) labels into the trust tax return statement of distribution. "The information contained in the statement of distribution ... |
| | | ... 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 ... |
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