CGT concessions: Does your business qualify?
Wondering if you’re eligible to claim the CGT concessions can be settled by answering a few basic questions. In addition to the capital gains tax…
Capital Gains Tax
Read MoreCGT concessions: Does your business qualify?
CGT when spouses have different main residences
It can sometimes be the case that spouses can have different main residences at the same time. When this occurs, special CGT rules apply to…
CGT exemption on inherited homes
Inheriting a home or a legal interest in one could be the largest windfall gain that many Australians ever experience. From a tax law perspective,…
Main residence CGT exemption when there is no “residence”
There is a concession in the CGT rules that can allow a taxpayer to treat a property as their “main residence” even though it does…
Small business CGT concession changes will tighten eligibility
The legislation Treasury Laws Amendment (Tax Integrity and Other Measures) Bill 2018 has just recently passed both houses in Canberra, which among other measures also…
Expanding the empire (and retaining the CGT main residence exemption)
A question that surfaces now and then in regard to capital gains is whether the main residence exemption extends to additional land acquired after the…