Capital Gain/ Growth
Capital gain is a rise in the value of an asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short-term (one year or less) or long-term (more than one year) and must be claimed on income taxes. If you’re interested in learning more about Capital Gains Tax, check out this explainer from the ATO. Did you find it helpful? Yes No
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