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Old 26-11-2014, 02:58 PM
alex48 alex48 is offline
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https://www.ato.gov.au/General/Capit...-you-move-out/

example towards the bottom explains fairly well when you look at the calculations.

seems for you it would go

1/10 years living
9/10 years no living in, minus 6 years under main residence exemption (not sure if support required)

leaving 3 years not exempt from CGT.

CGT apportioned over total life of ownership = CGT payable on 30% of total profit is my guess

Last edited by alex48; 26-11-2014 at 03:02 PM.
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