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We specialise in assisting small businesses to grow and look forward to taking the journey with you. Together, we can explore and discuss the appropriate balance of technology and personal service. We will learn more about where your business has been and where it is going into the future.
The profit you have made on the sale of a rental property (or shares) is added onto your other income (such as your salary or bank account interest) and taxed at your marginal tax rate.
Remember, if you have held the property for more than 12 months, the ATO will give you a 50% discount on the profit you need to declare as income.