Correct, people often say CGT is 50%, but as you say, add the capital gain to your personal tax and you pay tax at your marginal rate.
If your taxable income is $100k per annum, and make a $50K capital gain (after expenses) then your tax liability on the $50k would be whatever your marginal tax rate would be for that $50k. If you hold for more than 12 months you get a 50% discount on the CGT payable. If you are in the top marginal tax rate then you would be paying about 25% on your capital gain.
If you own through a trust the CGT payable is based on the marginal tax rate of the beneficiary person/entity.
If held through a SMSF you pay the standard 15%, which is discounted to 10% if held for 12 months or more.
This is all generally speaking, but really is something that depends on individual circumstances and it's important to get good advice based on individual circumstances.
- Forums
- ASX - By Stock
- EXR
- EXR Trading 2021
EXR Trading 2021, page-1867
-
- There are more pages in this discussion • 6,179 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EXR (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $130.4M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 190000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | 0.120 |
4 | 24632 | 0.115 |
13 | 853000 | 0.110 |
9 | 447151 | 0.105 |
15 | 764050 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 190000 | 2 |
0.120 | 138607 | 4 |
0.125 | 115000 | 2 |
0.130 | 280555 | 4 |
0.135 | 394909 | 5 |
Last trade - 16.12pm 24/07/2024 (20 minute delay) ? |
Featured News
EXR (ASX) Chart |
Day chart unavailable
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online