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Jan bought a house worth $1m. Here’s how the CGT changes affect her

Jan bought a house worth $1m. Here’s how the CGT changes affect her

See how Labor’s new scheme works – and try our calculator to see how it affects the tax on different assetsLabor’s change to the capital gains tax discount is one of the biggest items in the budget – but it’s also one of the most complicated.CGT is paid when an asset is sold but, since 1999, owners have had a…

Read the full story at theguardian.com

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