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Capital Gains Tax on Property: What You Need to Know

Capital Gains Tax on Property: What You Need to Know

by Emma Hahnel | Aug 28, 2025 | Uncategorized

When you sell a property in Australia, you may make a capital gain—the difference between your sale price and the cost base (what you paid for the property plus certain expenses). This gain is subject to Capital Gains Tax (CGT), which is included in your income tax...
What’s the Difference between Accounting and Tax Depreciation?

What’s the Difference between Accounting and Tax Depreciation?

by Emma Hahnel | Aug 11, 2025 | Uncategorized

Depreciation is a key concept in business accounting and taxation, but many business owners are unclear about how it really works—especially the difference between accounting depreciation and tax depreciation, and what happens when you sell an asset. Let’s break it...

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