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Broker Bridge Soft Launches at the Australian Chinese Cultural Gala Sydney, Australia – November 2, 2025 A spectacular celebration of culture and connection took place
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Depending on your tax bracket and how long you’ve owned the property for, it could cost you as much as 45% of the profits. That means if you make a $200,000 on the sale, you’ll be handing $90,000 of it straight to the taxman.
But what if you could avoid such a cost? This is where the six-year CGT rule may come in handy although it’s not always a ‘get out of jail free’ card.