Which item is exempt from Australian Capital Gains Tax (CGT) for individuals

date:2026-07-23 16:25:02 author:admin browse: time View comments Add Collection

Which item is exempt from Australian Capital Gains Tax (CGT) for individuals

Which item is exempt from Australian Capital Gains Tax (CGT) for individuals?

A. Gain from selling investment shares

B. Gain from selling main residence

C. Gain from selling rental property

D. Gain from selling business assets

Answer: B

Explanation: Main residence full CGT exemption is a core tax concession for Australian individual taxpayers.