Exempting Granny Flat Arrangements from CGT

The Tax Institute would like to make a submission to Treasury in relation to the Exposure Draft material designed to provide a targeted capital gains tax (CGT) exemption for certain granny flat arrangements. The Exposure Draft material includes the Treasury Laws Amendment (Measures for Consultation) Bill 2021: Exempting granny flat arrangements from CGT (Bill) and the accompanying Exposure Draft Explanatory Materials (EM).


Submission prepared by:

The Tax Institute

Submitted to:

Assistant Secretary
Personal and Small Business Tax Branch
Individuals and Indirect Taxation Division
The Treasury

Tagged
  • 2021
  • Retirement & wealth
  • Private wealth
  • Capital Gains Tax (CGT)