Biggest Capital Gains Tax CGT MISTAKES to Avoid

############################# Video Source: www.youtube.com/watch?v=zv_DwMcHPNM

In this video I will explain the 5 most common mistakes that Taxpayer make when calculating Capital Gains Tax in Australia for new investors preparing their own Income Tax Returns. I will then show you how to avoid making these mistakes by keeping track of your own share portfolio with a FREE Online tool that will calculate Capital Gains Tax automatically and correctly. • With this FREE online tool, you can determine how much CGT you need to pay, even if you haven't sold yet! • When you calculate Capital Gains Tax correctly you will save on tax or avoid paying CGT entirely which could still allow you to get a tax refund in some situations depending on your other income and taxes already paid. • 💰 Use SHARESIGHT to track your shares - https://www.sharesight.com/moneywithdan/ • (BONUS When you signup using this link, the first 4 months of subscription are free if you choose to upgrade to an advanced plan and I may get a small my commission at no extra cost to you, so we both win!) • 💰 Do you need an Excel Template that automatically tracks your expenses in Excel and lets you customise categories to meet your own needs with no ongoing fees each month? • Well I have created online tutorials how to do this here: • How to track expenses AUTOMATICALLY i... • 💰 Get Microsoft Excel here: https://click.linksynergy.com/deeplin... • OTHER VIDEOS BY ME • Capital Gains Tax on Shares and ETFs for Beginners | Australia 2022 Tax Return • Capital Gains Tax (CGT) on Shares and... • CAPITAL GAINS TAX on SHARES with lost DRP Cost base in your 2022 Tax Return 🤑 • Capital Gains Tax (CGT) on Shares wit... • Marginal Tax Rate | Australian Tax System For Beginners💰 • Why My Employer Taxed Me Too Much | A... • How to setup the Barefoot investor buckets | 2 year review with tips : • How to setup the Barefoot investor bu... • EASIEST Car Deduction for Aussie 2022 Tax Returns 💰😄 • EASIEST Car Tax Deduction for 2024 Au... • SUPERANNUATION standard choice form | EXPLAINED • SUPERANNUATION standard choice form |... • Tax File Number (TFN) Declaration Form Explained 💰 | AUSTRALIA • Tax File Number (TFN) Declaration For... • ATO LINKS • 🔗 Capital gains tax https://www.ato.gov.au/Individuals/Ca... • SUBSCRIBE NOW!!! • CHAPTERS • 0:00 Intro • 0:20 Mistake #1 • 1:35 Mistake #2 • 3:42 Mistake #3 • 4:39 Mistake #4 • 5:07 Mistake #5 • 05:42 How to avoid these mistakes • DISCLAIMER • This video is intended for general information and entertainment only and is not a replacement for professional advice. Money with Dan is not a financial advisor. You should consider seeking independent legal, financial, taxation or other advice to check how the information in this video relates to your unique circumstances. Money with Dan is not liable for any loss caused, whether due to negligence or otherwise arising from the use of. or reliance on, the information provided directly or indirectly, by use of this video. • #tax #taxtips #shares

#############################

New on site