This event was part of the Breakfast club series.
Even though most of us have main residences, are we getting the most out of the exemption? The main residence exemption can be difficult to apply, especially in situations where the owners have moved out for a period of time.
This event included coverage of the CGT main residence provisions, using practical examples and case studies to illustrate situations where taxpayers are often misinformed or unaware of the pitfalls or hazards. It also dealt with common situations where the main residence exemption can be used to exempt a greater amount of capital gains from taxation than first thought.