If you’ve been considering buying a property recently, no doubt you’ve had your eyes keenly glued to the evening news for budget announcements. There has been much debate, on both sides of the political spectrum, about the merits or otherwise of negative gearing.

Capital gains tax, often referred to as CGT, is included in your taxable income and indicates tax payable when an asset is sold or otherwise disposed of.

Plenty of people buy houses without the help of an agent, in fact you may have already bought and sold property without ever engaging a buyer’s agent before.