Capital gains tax: how one family slashed their property tax bill
An Australian family saved almost $14,000 on capital gains tax by meticulously tracking holding costs for their investment property. Discover how their strategy can help investors maximise returns in a complex tax landscape.
Capital gains tax is complex maze that can be negotiated skilfully or clumsily. (Image source: Shutterstock.com & SMATS Group)
Australia’s property market, a powerhouse generating over $80 billion in taxes annually, demands savvy navigation of capital gains tax (CGT) rules.
For property investors, CGT can significantly erode profits, even with residents benefiting from a 50 per cent discount on assets held over 12 months. Non-residents face steeper rates.
In 2025, with the Foreign Resident Capital Gains Withholding rate rising to 15 per cent, strategic planning is more…
