Q&A: What Is Capital Gains Tax and Who Pays for It?


For those looking to sell a property, we take a complete look at capital gains tax or CGT, and how much you can expect to pay.

When people decide to sell their property, they are expected to pay capital gains tax (CGT), which is just one of the taxes and duties that they need to sort out. That is easy enough to understand. However, what gets tricky is what exactly it is, and why sellers are required to pay this tax.

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