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  Miscellaneous Capital Gains Tax (CGT) 2021

CGT Main residence exemption - A look at impacts for foreign residents

Source: South Australia

Published Date: 29 Apr 2021

 

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This video covers:
  • The importance of understanding residency and the impacts whilst away
  • Selling the home whilst a foreign resident
  • The exceptions available if a foreign resident satisfies certain life events'
  • Interaction with the absence rule, the 6-year limit
  • The choice between more than one main residence
  • Renting out a portion of property (eg consulting/hairdresser)
  • Interaction and application of the CGT discount rules, including the different methods available
  • When valuations are required and what records should be kept
  • Missing out on the main residence exemption, what are the considerations?

Individual Session

CGT Main residence exemption - A look at impacts for foreign residents

Author(s): Natasha Wegener
Materials from this session:

Author(s)

Details

  • Published By: Natasha Wegener
  • Published On:29 Apr 2021
  • Took place at:Novotel Barossa Valley Resort

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Miscellaneous Capital Gains Tax (CGT) 2021

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