They basically had to include all capital gains because otherwise the consolation tax cut wouldn’t be worth the paper it’s written on. The $250 annual WATO is small, but it’s big relative to the amount the average Australian’s investments will suffer.
They basically had to include all capital gains because otherwise the consolation tax cut wouldn’t be worth the paper it’s written on. The $250 annual WATO is small, but it’s big relative to the amount the average Australian’s investments will suffer.
A $250 tax cut isn’t worth the paper it’s written on.