Capital Gains Tax (CGT) is a significant consideration when selling assets such as investment properties, shares, or business assets in Australia. Without strategic planning, you could end up paying more tax than necessary. At Lemonade Beach Accounting, we specialise in CGT planning, helping individuals and businesses legally minimise tax liabilities while staying compliant with Australian Taxation Office (ATO) regulations.
CGT is the tax applied to the profit (capital gain) made from selling an asset. While CGT is part of your income tax, there are various exemptions, concessions, and strategies available under Australian tax law to reduce the amount payable.
Our CGT planning services benefit:
Expert Australian Tax Advice
We stay up to date with the latest Australian tax laws and CGT concessions.
Personalised Strategies
Every client’s situation is unique, and we tailor solutions to your needs.
ATO Compliance
We ensure your CGT reporting meets ATO standards to avoid penalties.
Future-Focused Planning
Our proactive approach helps you make tax-smart decisions before selling assets.
Book a Consultation Today!
If you’re planning to sell an asset, don’t wait until tax time – strategic CGT planning can help you keep more of your profits. Contact Lemonade Beach Accounting today for expert tax guidance.
07 3473 1990
Visit our Appointments page or click the links below to book a no-obligation new client enquiry call where we’ll discuss your needs and how we can help you moving forward.
*Free enquiry call is for new client appointments only
Q: How can I reduce my Capital Gains Tax in Australia?
Holding assets for over 12 months, using CGT concessions, and offsetting capital losses are some ways to reduce CGT. We assess your situation to apply the best strategies.
Q: Do I have to pay CGT if I sell my home in Australia?
If the property was your main residence, you may qualify for a full CGT exemption. If it was used for investment purposes, a partial exemption or full CGT liability may apply.
Q: What are small business CGT concessions in Australia?
Australian business owners may qualify for four key concessions, including the 15-year exemption, 50% active asset reduction, retirement exemption, and rollover relief. We determine your eligibility and help you maximise savings.
Q: Can I defer CGT in Australia?
In some cases, you can defer CGT through rollover provisions, such as when reinvesting proceeds into a new business asset. We guide you through your options.
Q: Do capital losses reduce CGT in Australia?
Yes, capital losses can offset capital gains, reducing your overall tax liability. We help you structure your tax return to maximise these benefits.
