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Thanks Paul & Rob for your response. Apologize that I haven't mentioned that after the compensation , I will be settling on another property , which I would have it as IP for next 2 years , then leaving in there afterwards as PPOR Does that mean that it is possible to the below ? - claim...

Hi Paul, Thank you very much for your prompt response. You have cleared up my confusion about the understanding of CGT , disposal of assets and the rollovers now. 1. With the CGT asset rollovers, do we need to fill in any forms or we just do recordkeeping of the asset acqusition ...

I am also happy to be referred to an accountant who is experienced tax accountant in the acquisition area

Which way one is more tax effective Heya all, Please help me out about the taxation aspect of CGT = Details (simplify the date for ease of calculation) : 1- Purchase property : 1 Jan 2010 and moved in the stay in there about 10 months as Principle Place of Resident for price of 400k...