Capital Gains Tax Accountant Melbourne
Selling a business, investment property, or shares triggers a capital gains tax liability that can significantly impact your bottom line. At PCR Accounting & Advisory, our capital gains tax accountants in Melbourne help you understand exactly what you owe, when you owe it, and how to legally minimise it before it becomes a problem.
Melbourne's Trusted CGT Accountants
Capital Gains Tax Advice for Business Owners, Investors and Property Owners
Capital gains tax can be one of the most consequential tax events a business owner or investor will ever face. The problem is most people only think about it after the decision to sell has already been made.
PCR’s Melbourne CGT accountants work with business owners, investors, and property owners to get ahead of their CGT liability. From identifying concessions and exemptions to restructuring asset holdings ahead of a sale, we make sure no opportunity to reduce what you owe is left on the table.
CGT Planning That Starts Before You Sell
The best time to speak to a capital gains tax accountant is before you make the decision to sell. With the right structure and timing in place, there are often significant opportunities to reduce what you pay. At PCR, we help you plan ahead so the tax outcome of your sale does not come as a surprise.
Accurate. Thorough. On Your Side.
How PCR's CGT Accountants Can Help
Not all CGT situations are the same. At PCR, Melbourne’s capital gains tax specialists, we deliver:
CGT is not a separate tax — it forms part of your assessable income and is calculated as part of your annual income tax return. Our CGT accountants calculate your liability accurately, taking into account your cost base, holding period, depreciation claimed, and any applicable discounts or indexation methods to make sure your capital gains reporting is correct.
If you are selling a small business, there is a range of CGT concessions that may significantly reduce or even eliminate your liability. These include the 50% active asset reduction, the small business retirement exemption, the 15-year exemption, and rollover provisions. Our CGT specialists identify every concession available to your situation before you sell.
Capital gains tax on investment property and land is one of the most common CGT events we advise on. We help property owners understand their obligations, calculate their liability, and identify opportunities to reduce it, including the main residence exemption, the six-year rule, and timing strategies for settlement. We work alongside our tax planning team to ensure your property CGT is structured as efficiently as possible.
Calculating capital gains tax on shares requires careful attention to your cost base, holding period, and whether the 50% CGT discount applies. Whether you hold shares personally, through a trust, or through a company, our CGT accountants ensure your tax on selling shares is calculated correctly and any available discounts are applied.
Sometimes the right move before a sale is to restructure how your assets are held. Working alongside our asset protection and succession planning specialists, we assess whether restructuring your business or asset holdings ahead of a sale could meaningfully reduce your CGT exposure.
A Capital Gains Tax Accountant Melbourne Business Owners and Investors Trust
Why Choose PCR as Your CGT Accountant?
Honest, no-nonsense CGT advice that tells you exactly what you owe and how to reduce it.
We identify every available concession, exemption and discount so you never overpay on CGT.
We help you predict your CGT liability, plan ahead, and get the most out of your sale proceeds.
CGT Accounting Services That Cover Every Scenario
Our Capital Gains Tax Services
From a single asset sale to multi-asset disposals, PCR provides end-to-end CGT accounting and advice across all asset types and ownership structures.
- CGT Calculation and Assessment
- Capital Gains Reporting
- Small Business CGT Concessions
- Property and Land CGT Advice
- CGT on Shares and Managed Funds
- CGT in Companies and Trusts
- Rollover Relief and Deferrals
- Record Keeping for CGT Assets
- Pre-Sale Restructuring
- Business Tax Returns
Stop Guessing What You Owe. Get CGT Advice That Counts.
Your CGT liability should never come as a surprise. PCR’s Melbourne capital gains tax accountants are ready to help you calculate, plan, and minimise what you owe. Call us today on 03 9847 7516 or enquire online.
Owner of PCR Accounting & Advisory, Peter Marmara-Stewart is a SAPEPAA foundation member and accredited advisor specialising in strategic business advice, asset protection & structuring and cashflow maximisation. Click here to find out more.
Capital Gains Tax FAQs
Capital gains tax is the tax you pay when you sell or dispose of an asset that has increased in value. In Australia, CGT is not a separate tax — it forms part of your assessable income and is paid as part of your annual income tax return. Assets subject to CGT include businesses, investment properties, land, shares, and managed fund units. Your principal place of residence, personal car, and assets acquired before 20 September 1985 are generally exempt.
Anyone who sells or disposes of a CGT asset at a profit is liable to pay capital gains tax. This includes individuals, companies, trusts, and self-managed super funds. The rate at which CGT applies varies depending on the ownership structure — individuals and trusts may be eligible for the 50% CGT discount if the asset has been held for more than 12 months, while companies are not.
CGT is payable in the financial year in which the CGT event occurs, which is typically the year the contract for sale is signed rather than the year settlement takes place. If you are expecting a significant capital gain in a financial year, it is important to speak to a CGT accountant early so you can plan for the tax liability rather than be caught out by it.
To calculate capital gains tax on shares, you subtract the cost base (the original purchase price plus associated costs) from the sale proceeds. If you have held the shares for more than 12 months as an individual, you may be eligible for the 50% CGT discount, which halves the taxable gain before it is added to your assessable income. The calculation differs for shares held in a company, where the discount does not apply.
There are four main small business CGT concessions available to eligible businesses: the 15-year exemption, the 50% active asset reduction, the retirement exemption, and the rollover provision. These concessions can significantly reduce or eliminate a capital gains tax liability on the sale of a business. Eligibility depends on factors including your turnover, the nature of the asset, and how long it has been held. PCR’s CGT accountants assess your eligibility and apply every available concession before you sell.