If a property is bought in a Company name there is no CGT...

  1. Golden Fleece
    3,445 Posts.
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    20/04/23
    08:52
    Post #: 67368146
    If a property is bought in a Company name there is no CGT discount

    Any 'losses' from the rental property can only be offset against other income the Company has earned

    Company tax rate is only 30%

    Personal income tax rate is up to 45% which can be significantly reduced by -ve gearing and the individual gets 50% cgt discount when they sell


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