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  1. R

    CGT on PPOR subdivision

    That might be a good option. I'd thought about it but not from a CGT point of veiw. RC
  2. R

    CGT on PPOR subdivision

    To be fair, my accountant is going to get back to me after he's looked into it. He didn't know off the top of his head. I'm not selling the PPOR at this stage, just looking at selling the vacant block. RC
  3. R

    CGT on PPOR subdivision

    Thanks JRC, That was what I was hoping. Rgds RC
  4. R

    CGT on PPOR subdivision

    Thanks for the links BKR. RumpledElf, From the ATO site "The date you acquired the subdivided blocks is the date you acquired the original parcel of land" The way I read it, that might be the answer. 12 months from the date that the block was acquired, which is deemed to be the date on...
  5. R

    CGT on PPOR subdivision

    One for the accountants. I'm in the process of subdividing a block which is my PPOR and have a few questions regarding CGT. I purchased the house on 11 acres in DEC 2007 and I'm in the process of subdividing into two 5.5 acre blocks. I know that I'll be liable for CGT on the sale of the...
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