Miscellaneous 2022

Part 2: Taxing the family home (part 1)

Source: New South Wales

Published Date: 15 Mar 2022

 

This presentation covers:

  • The meaning of "main residence" and practical guidance on making a dwelling a main residence
  • Circumstances when the exemption will be unavailable or reduced
  • The operation of the absence rule and how it interacts with short term letting
  • How the rules are applied when dwellings are constructed or renovated
  • The operation of the main residence exemptions for deceased estates and the ATO's recent approach to the 2 year rule.

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Details

  • Published By: Matthew Mckee
  • Published On:15 Mar 2022
  • Took place at:Cliftons & Online

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Miscellaneous 2022

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