Capital Gains tax is when you sell an asset or an investment for more than you paid for it.
In this video we explain capital gains tax (CGT).
The 3 contributing factors to understand.
1. The Cost Base
2. Who owns the asset (Which Tax Zone?)
3. How long have you owned the Asset. (CGT Discount)
Then we then do the maths to work out a capital gains example & the amount of tax you’d pay.
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