Sunday April 5, 2020

CGT liabilities must be paid this week

If you sold assets during the latter part of last year, any tax liability arising from a gain on the disposal must be settled by January 31.

24th January, 2009

If you sold assets during the latter part of last year, any tax liability arising from a gain on the disposal must be settled by January 31.

Changes in the Capital Gains Tax (CGT) legislation in the budget mean that if you are settling tax liabilities this week, you may be liable for tax at 22 per cent, up from the previous level of 20 per cent.

From 2003 to 2008, the tax year was divided into two...

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