If your capital gains was $10k you have to pay tax on that. The $18k only applies to income (i.e. payrolled employee).
Capital gains and regular income from say, a 9-5 job, should be considered completely seperate to eachother - unles my understanding is wrong (or unless you start talking about setting upa trust in which case DYOR because i'm clueless )
- Forums
- ASX - General
- Lodging Capital losses/Gains
Lodging Capital losses/Gains, page-18
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)