ok, thanks, will look more into trust

Yes it will be a new house, so with the income tax it is 30% for the company, and with all the losses we have in the company I was thinking that would be the way to go?? then the income would be offset by the losses?

Hi Terryn
thanks for that, yes I know we need a new accountant, I just need to convince my husband. So if we build in a trust we get the 50% CGT discount, but is that if it takes longer than 12 months to complete.