How can I avoid paying Capital Gains Tax in Australia - Tax Expert Advice

Are there ways to avoid or reduce paying Capital Gains Tax when selling a property?

Yes there are a few strategies that can help you minimise your CGT, and in this video tax expert Ken Raiis, director of Metropole Wealth Advisory, outlines some of them.

Unfortunately, there is no silver bullet to avoiding Capital Gains Tax entirely is you sell an investment property.
And, at the end of the day, if you have to pay CGT it means that you’ve made a profit on selling your property, which is what you were after in the first place, wasn’t it?
However, there are strategies to limit the tax payable on any capital gains so it is worth getting specific advice before you buy your next property to ensure you own it in the most appropriate structure.

Find out more: https://propertyupdate.com.au/a-compl...

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