Not sure if this got a mention here when the recent budget came down. We've had a few clients mention it with a degree of sadness recently.
Aussie expats with IPs here will lose the 50% CGT discount for all gains accrued from now on. So they need to get their properties valued - by a valuer, not an agent - NOW. For gains accrued up until now, the 50% CGT discount still applies.
Scott
Aussie expats with IPs here will lose the 50% CGT discount for all gains accrued from now on. So they need to get their properties valued - by a valuer, not an agent - NOW. For gains accrued up until now, the 50% CGT discount still applies.
Scott