Under the proposed capital gains tax changes #tax

Under the proposed capital gains tax changes, investors may have the option to choose between the current 50% capital gains discount or an indexation method when selling an asset. The better option will depend on factors like how long the asset was held and the impact of inflation over time.
Whether it is property or shares, the goal of investing is still capital growth and that is a positive thing. While these potential changes could affect future tax outcomes, it is not something investors need to panic about right now. The final benefit will come down to simple calculations at the time of sale.
General Advice Only. Robert Goudie is an Authorised Representative (No. 235974) of Consortium Private Wealth Pty (AFS Licence 495401).

#CapitalGainsTax #InvestmentStrategy #PropertyInvesting #WealthBuilding #TaxPlanning