Why I Tell Clients to IGNORE the CGT Discount Changes

Looking for stress-free, fixed-fee tax planning services? Book a consultation with us: https://www.boxas.com.au/book-a-consultation-yto/ _ Need cloud accounting software? Sign up for Xero: https://referrals.xero.com/pckxwf (this is an affiliate link, and I will make a small commission at no extra cost to you) _ If you've seen the headlines about the government changing the CGT discount, you're probably wondering what it means for your property investments. Here's my take on it: I don't think it matters for most property investors. And I don't just mean it's not a big deal. I mean, the CGT discount was never the thing you should have been building your strategy around in the first place. So, what I want to show you in this video is why focusing on the CGT discount is actually distracting you from the decisions that will make or cost you a lot more money over the next 10 to 20 years. _ Thank you for watching this video. I post videos on this channel to provide the latest and most frequently asked business questions. Please take a second to say hi in the comments below. Also, if you enjoy the video and find it valuable, subscribe to the channel, like and share it with anyone who you think might find my channel useful! — ► Subscribe to my channel here: https://www.youtube.com/c/DavieMach — Davie has over 15 years experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients. Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses. He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales. — Follow Me: LinkedIn: https://www.linkedin.com/in/davie-mach/ Instagram: https://www.instagram.com/boxas_syd/ Facebook: https://www.facebook.com/boxadvisory/ Website: https://boxas.com.au/ TikTok: https://www.tiktok.com/@boxadvisory — Disclaimer: This video is for informational purposes only and should not be considered financial or legal advice. This video does not take into consideration your personal circumstances. Consult with a qualified financial planner, tax advisor or legal consultant before making any decisions regarding investments.