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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 Questions



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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 Questions and tagged , , , . Bookmark the permalink.

TaxTimTaxTim 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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