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How is CGT paid, is it deducted from gross investment or added to gross annual income

Posted 20 May 2016 under Tax Q&A


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Cindy says:
20 May 2016 at 1:28

If you are subject to capital gains tax, how is it paid, is it deducted from gross investment or added to gross annual income

This entry was posted in Tax Q&A and tagged , , , . Bookmark the permalink.

TaxTim TaxTim says:
20 May 2016 at 10:26

40% of the capital gain is added to your taxable income and then taxed per the normal tax tables for individuals.


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